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Update research from QuotedData

26th Jan 2023 11:30

RNS Number : 9868N

Ecofin US Renewables Infrastr.Trust

26 January 2023

Ecofin US Renewables Infrastructure Trust - Update research from QuotedData

26th January 2023

Back on track

Ecofin US Renewables Infrastructure Trust's (RNEW's) share price moved from a premium to net asset value (NAV) to a discount in July 2022 as the original fund management team resigned. The portfolio assembled is solid, performing well and delivering on expectations. A new fund management team, led by Eileen Fargis, is now in place and the opportunity available to RNEW is considerable.

We believe that the trust's predictable US dollar-denominated cash flows (which are also uncorrelated with equity markets) and high dividend yield are attractive to investors. The shares should be re-rated, and the fund should continue to grow.

Full Research:

https://quoteddata.com/research/ecofin-us-renewables-infrastructure-trust-back-on-track-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on abrdn European Logistics Income Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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