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NXG NextGen Infrastructure Income Fund raises $90M in rights offering at $58.45 per share

Company Fundamentals
01 May 2026
PRNewsWire
View Source
Bullish
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The NXG NextGen Infrastructure Income Fund completed a rights offering, issuing 1,539,655 common shares at $58.45 each, raising approximately $90 million. The offering price was set at 92% of the fund's net asset value per share as of April 30, 2026. The fund plans to invest the net proceeds according to its strategy focused on infrastructure companies, including energy, industrial, sustainable, and technology sectors. Shares will be issued promptly after payment, and the fund continues to trade on the NYSE under the symbol NXG.

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