NextEnergy Solar Fund
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NextEnergy Solar Fund () is a large
British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, ...
investment company An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the ...
dedicated to investments in the operation of solar photovoltaic assets located in the UK and Italy. Established in 2014, the company is listed on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
and is a constituent of the
FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...
. The
chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
is Kevin Lyon. In January 2021, the company indicated its intention to diversify into green energy investments in Italy, Portugal and the US. In February 2021, during the
United Kingdom parliamentary second jobs controversy The United Kingdom parliamentary second jobs controversy of 2021 began with Owen Paterson and his lobbying and breach of Commons advocacy rules, which led to his resignation on 5 November, and this was followed by extensive press coverage and d ...
, the
Leader of the Liberal Democrats The Liberal Democrats are a political party in the United Kingdom. Party members elect the leader of the Liberal Democrats, the head and highest-ranking member of the party. Liberal Democrat members of Parliament also elect a deputy leader of ...
,
Sir Ed Davey Sir Edward Jonathan Davey (born 25 December 1965) is a British politician who has served as Leader of the Liberal Democrats since 2020. He served in the Cameron–Clegg coalition as Secretary of State for Energy and Climate Change from 2012 t ...
, apologised to the UK Parliament after failing to declare his advisory role at the company's manager, NextEnergy Capital, when asking questions in parliament. He later resigned his role at NextEnergy.


References


External links


Official site
Investment trusts of the United Kingdom {{UK-finance-company-stub