Notice of Results

US Solar Fund PLC

18 March 2024

 

US Solar Fund plc

Notice of results and further information to be available post results

18 March 2024

US Solar Fund plc, (USF, the Company), will announce its results for the 12-month period ended 31 December 2023 on Monday 25 March 2024.

There will be an online presentation for analysts and institutional investors at 2pm on Monday 25 March 2024. A link to join the online presentation will be circulated in advance of the meeting.

Those wishing to join the presentation are asked to register their interest with Kaso Legg Communications ([e-mail]).

Retail investor presentation

The Company will also be hosting a presentation for retail investors via the Investor Meet Company platform at 3.30pm on Tuesday 26 March 2024.

The presentation will be open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Platform dashboard, up until 9.00am on the day before the meeting. Questions can be submitted at any time during the live presentation.

Investors who already follow USF on the Investor Meet Company platform will automatically be invited to the meeting. Those wishing to sign up for free, and join the meeting online, can do so here: https://www.investormeetcompany.com/us-solar-fund-plc-1/register-investor

Additional information available in April 2024

The Company is currently analysing options available to optimise the Company's capital structure and improve operational cash flows. These options may include share buybacks and refinancing of the Company's existing debt.

The Board will provide an update following the conclusion of this analysis, which is expected before the end of April 2024, and will include the Board's proposal with respect to the use of proceeds from the sale of Mount Signal 2.

For further information, please contact:

US Solar Fund Meredith Frost (Amber Infrastructure)	[phone]
Cavendish Capital Markets Limited Tunga Chigovanyika James King Will Talkington	[phone]
KL Communications Charles Gorman Charlotte Francis	[e-mail] [phone] [phone]

About US Solar Fund plc

US Solar Fund plc, established in 2019, listed on the premium segment of the London Stock Exchange in April 2019.  The Company's investment objective is to provide investors with attractive and sustainable dividends with an element of capital growth by owning and operating solar power assets in North America and other OECD countries in the Americas.

The solar power assets that the Company acquires or constructs are expected to have an asset life of at least 30 years and generate stable and uncorrelated cash flows by selling electricity to creditworthy off-takers under long-term power purchase agreements (or PPAs). The Company's portfolio currently consists of 41 operational solar projects with a total capacity of 443MWDC, all located in the United States.

Further information on the Company can be found on its website at http://www.ussolarfund.co.uk

About the Investment Manager

Amber Infrastructure is an international infrastructure specialist, focused on investment origination, development, asset management and in Europe, fund management. Amber's core business focuses on infrastructure assets across the public, transport, energy, digital and demographic infrastructure sectors that support the lives of people, homes and businesses internationally.

Among other funds, Amber manages International Public Partnerships, a FTSE 250-listed company with a market cap of approximately £2.5 billion and 15-year track record of long-term investment in infrastructure assets globally. Amber is headquartered in London with offices in Europe, North America and Australia and employs over 180 infrastructure professionals. Amber has had a strategic partnership with the Hunt Group of Companies in the US since 2015. Learn more at www.amberinfrastructure.com

LEI: 2138007BIUWE7AHS5Y90

 

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