Delivering attractive returns to investor whilst tackling climate change since IPO
2014
Listed on the London Stock Exchange
11 Year
Track record of delivering full target dividend
c.50%
Revenues backed by inflation-linked government subsidies
11 Year
Track record of a fully covered dividend
8.43p
Target dividend FY2025/2026
1.1x - 1.3x
Estimated cash dividend cover for Target dividend
Our Dividend Growth
£407m
Total dividends declared since IPO to 30 June 2025
8.43p
Target Dividend for FY25/26
NESF transitioned to a progressive dividend policy in FY20/21
Installed Capacity Growth
939MW
installed capacity as at 30 September 2025
Total Return Since IPO
42%
Ordinary shareholder total return – cumulative since IPO
As at 31 March 2025
Compound Annual Return (%)
As at 31 March 2025 (calculated annually for annual report)
Cumulative Annual Performance (%)
As at 31 March 2025 (calculated annually for annual report)
