NextEnergy fund sells solar plant, UK.

NextEnergy Solar Fund (NESF) has sold the Whitecross solar plant in the UK to Downing for £27 million. The plant, located in Lincolnshire, was developed by NESF and commissioned in late 2023. The transaction represents a 14% premium to the holding value and is part of NESF's capital recycling program. NESF has divested 96MW of its 246MW program so far and plans to sell the remaining 150MW through a competitive process. The sales proceeds will be used to reduce debt, invest in growth opportunities, and potentially establish a share buyback. [Extracted from the article]