Result of General Meeting

4 November 2014

NextEnergy Solar Fund Limited ("NESF")

Result of General Meeting

NESF is pleased to announce that, at a general meeting of the Company held earlier today, the resolutions to:

· authorise the Directors to allot up to 250,000,000 New Shares (which may be Ordinary Shares or C Shares) under the Placing Programme on a non-pre-emptive basis;

· to amend the Articles with respect to the rights attaching to the C Shares by amending the Calculation Date definition and Calculation Ratio; and

· amend the Articles with respect to the provisions relating to the holding of Board meetings in Guernsey;

as set out in the circular to shareholders dated 9 October 2014 (the "Circular"), were duly passed. Details of the proxy votes lodged before the meeting will be available shortly at www.nextenergysolarfund.co.uk. A copy of the resolutions passed at the general meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

Terms defined in the Circular have the same meanings when used in this announcement.

For further information:

Notes to Editors:

NextEnergy Solar Fund

NextEnergy Solar Fund (www.nextenergysolarfund.com) is a specialist investment fund focused on operational solar photovoltaic ("PV") assets located in the UK. The Company intends to provide investors with a sustainable and attractive dividend that increases in line with RPI over the long term and an element of capital growth through the re-investment of net cash generated in excess of the target dividend.

Further information on NextEnergy Capital and WiseEnergy is available at www.nextenergycapital.com and www.wise-energy.eu.