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NextEnergy Capital's NextEnergy Solar Fund boosted by higher power prices and inflation

NextEnergy Capital's NextEnergy Solar Fund boosted by higher power prices and inflation

NextEnergy Capital managing director Ross Grier joined Proactive's Stephen Gunnion with details of NextEnergy Solar Fund Ltd (LSE:NESF)'s performance for the six months to end-September.

NESF reported a rise in its net asset value (NAV) per share to 103.1p from 98.9p at the end of March.

Grier telling Proactive that during the period, NESF diversified into the energy storage sector through a £100 million joint venture with battery specialist Eelpower and committed to invest US$50 million in NextPower III, a private international solar fund.

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