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Next Energy Solar generation exceeds budget in first half

StockMarketWire.com

Solar project investor Next Energy Solar Fund said is first-half generation volumes had significantly exceeded its budget.

Generation from the company portfolio in the six months through September was 11.1% above budget, while irradiation had exceeded expectations by 10.8%.

Next Energy Solar Fund reaffirmed its full-year dividend target of 7.05p per share.

The company also announced the energisation of its 8.5MWp subsidy-free solar asset, High Garrett, in Essex.

The new site brought its total subsidy-free portfolio to 64MWp following Bosworth and Staughton, which were energised in 2019.



Story provided by StockMarketWire.com