RNEP Ecofin U.s. Renewables Infrastructure Trust Plc

TIDMRNEW

RNS Number : 4381P

Ecofin US Renewables Infrastr.Trust

19 October 2021

19 October 2021

ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC

(the "Company")

Net Asset Value

The Company announces that the unaudited net asset value as at 30 September 2021 on a cum-income basis was $125.9 million or $1.0067 per ordinary share. The primary drivers of the 2.2 cent quarterly increase in NAV per share were a decrease in the discount rates applied to the Beacon Solar 2 and 5 utility scale operating assets to bring them in line with market rates, and a reduction to solar panel degradation rates to conform to estimates consistently used by the Company's independent engineer.

For further information, please contact:

 
  Ecofin Advisors, LLC (Investment Manager) 
   Jerry Polacek 
   Matthew Ordway 
   Prashanth Prakash                               +1 913 981 1020 
 Stifel (Corporate Broker) 
  Mark Bloomfield 
  Nick Donovan                                    +44 207 710 7600 
 PraxisIFM Fund Services (UK) Limited (Company 
  Secretary) 
  Martin Darragh 
  Maria Matheou                                   +44 204 513 9260 
 FTI Consulting (Financial PR) 
  Matthew O'Keeffe 
  Mitch Barltrop 
  Vee Montebello                                  +44 797 607 5797 
 

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.

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