Why NextEnergy Solar Fund put itself up for sale

Out-of-favour renewables trust NextEnergy Solar (LON:NESF) rallied on news the company has put itself up for sale. The board blamed the decision on a wide share price discount to net asset value (NAV) that has ‘persisted for several years’. It also bemoaned the short-term horizons of some investors. The launch of a formal sales process … Continue reading Why NextEnergy Solar Fund put itself up for sale