Ecofin US Renewables Infrastr.Trust Net Asset Value(s) (6171J)
28 Abril 2022 - 01:02AM
UK Regulatory
TIDMRNEW
RNS Number : 6171J
Ecofin US Renewables Infrastr.Trust
28 April 2022
28 April 2022
ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC
(the "Company")
Net Asset Value
The Company announces that the unaudited net asset value as at
31 March 2022 on a cum-income basis was $122.1 million or $0. 9764
per ordinary share. The primary contributors to the $1.6m reduction
in net asset value are:
-- a $0.7 million decrease in net working capital at project
level principally relating to budgeted seasonal fluctuations in
operations at SED Solar Portfolio and Whirlwind and, therefore, in
accounts receivable;
-- a $0.4 million decrease due to an increase in the deferred
tax accrual with $0.2 million arising from operations in the
quarter and $0.2 million arising from a project level prior period
adjustment;
-- a $0.3 million decrease due to lower than forecasted
production resulting from lower wind and solar levels at Whirlwind
and SED Solar Portfolio during the quarter ended 31 March 2022;
with the balance of the reduction attributable to various
smaller adjustments and the rolling forward of the discounted cash
flow valuations.
For further information, please contact:
Ecofin Advisors, LLC (Investment Manager)
Jerry Polacek
Matthew Ordway
Prashanth Prakash +1 913 981 1020
Peel Hunt LLP (Joint Corporate Broker)
Liz Yong
Luke Simpson
Huw Jeremy +44 20 7418 8900
Stifel (Joint Corporate Broker)
Mark Bloomfield
Alex Miller +44 20 7710 7600
Sanne Fund Services (UK) Limited (Company
Secretary)
Martin Darragh
Maria Matheou +44 20 3327 9720
FTI Consulting (Financial PR)
Matthew O'Keeffe
Mitch Barltrop
Vee Montebello +44 7976 075797
Further information on the Company can be found on its website
at
https://uk.ecofininvest.com/funds/us-renewables-infrastructure-trust-plc/
.
The Company's LEI is 2138004JUQUL9VKQWD21.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NAVPPUAGCUPPPGM
(END) Dow Jones Newswires
April 28, 2022 02:02 ET (06:02 GMT)
Ecofin U.s. Renewables I... (LSE:RNEW)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Ecofin U.s. Renewables I... (LSE:RNEW)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024