Michael Bonte-Friedheim of NextEnergy Solar Fund Ltd (LSE:NESF) says the investment trust’s manager has “never been more excited about the growth opportunities in the solar and storage sector in the UK and further afield”.
What’s more, he says the increase in power prices has results in a “very significant increase” in projected dividend cover for the current year.
Bonte-Friedheim, chief executive of NextEnergy Capital, joins Proactive London after the solar power investment trust today declared an interim dividend of 1.79p per share for the quarter ended 31 March 2022.
He talks about how the trust outperformed its annual budget for the eighth successive year, what was behind the strong NAV performance, and the prospects for future investments.