NextEnergy Solar Fund appoints interim chairman

LONDON - NextEnergy Solar Fund Limited, a prominent investor in solar energy and energy storage, has announced a change in its board of directors. Helen Mahy CBE has decided to step down from her role as a director of the company to explore other interests. Her departure will be effective as of the close of business today.

Following Mahy’s decision, the board has named Paul Le Page as the Interim Chairman. Le Page, who previously served as the Senior Independent (LON:IOG) Director at NESF, will assume the new role while the company completes a formal process to appoint a permanent successor.

Le Page brings a wealth of experience to the position, with 12 years in the solar industry sector and a former role as Audit Committee Chair for Bluefield Solar Income Fund Limited. He joined NESF in 2023 and is recognized for his extensive knowledge in fund governance, reporting, and product structures.

Helen Mahy, in her statement, reflected on her tenure, expressing pride in the company’s growth and its ability to consistently provide shareholders with stable dividends. Paul Le Page thanked Mahy for her contributions and emphasized the company’s strong position to capitalize on future opportunities.

NextEnergy Solar Fund is listed on the London Stock Exchange (LON:LSEG) and focuses on investing in utility-scale solar energy and energy storage infrastructure assets. The company’s investments are largely supported by UK government subsidies, which are inflation-linked, providing long-term cash flows.

As of March 31, 2025, NESF reported an unaudited gross asset value of £1,061 million. The company is also noted for its commitment to sustainability, classified under Article 9 of the EU Sustainable Finance Disclosure Regulation and EU Taxonomy Regulation.

This directorate change comes as part of NextEnergy Solar Fund’s ongoing efforts to strengthen its leadership and strategic direction. The information is based on a press release statement from NextEnergy Solar Fund.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.