In Centazzo and Vitale's A Duality Relative to a Limit Doctrine (TAC, 2002, abstract), early on, they make the above claim and cite Kelly's Basic Concepts in Enriched Category Theory (TAC reprints). I am having difficulty finding exactly where these general reasons are.
Two questions:
(1) What exactly in Basic Concepts... are they referring to?
(2) What is an explicit formula for this specific left adjoint?