19th Oct 2021 07:00
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.
Related Shares:
Ecofin U.s. $