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IN BRIEF: Ecofin US Renewable raises USD13 million via share issue

20th May 2022 16:34

Ecofin US Renewables Infrastructure Trust PLC - London-based investor in US renewable energy assets - Raises USD13.1 million through placing and REX retail offer through the issue of 12.9 million shares at a price of USD1.015 each.

Proceeds from the fundraise will go towards "attractive investment opportunities". Following the share issue, Ecofin US will have 138.0 million shares issued overall.

Current stock price: 84.56 pence

12-month change: up 15%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Ecofin U.s. $Ecofin U.s.
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