Purchase of Management Fee Shares

Ecofin US Renewables Infrastr.Trust

11 May 2023

 

11 May 2023

ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC

(the "Company")

Purchase of Management Fee Shares

The Company announces that, in accordance with the terms of the Investment Management Agreement (the "IMA") with Ecofin Advisors, LLC (the "Investment Manager"), on 10 May 2023 the Investment Manager purchased 60,879 Ordinary Shares in the market (the "Management Fee Shares") at an average price of $0.79 per Management Fee Share, representing the management fee due for the three-month period ended 31 March 2023.

Pursuant to the IMA, 15 per cent. of the management fee is payable in the form of Ordinary Shares, subject to a rolling lock-up of 12 months. The details of the IMA were disclosed in the Company's Annual Report for the period ended 31 December 2022.

Combined with previous Management Fee Share purchases and issuances, the Investment Manager and the relevant associates hold a total of 407,766 Management Fee Shares.

For further information, please contact:

Ecofin Advisors, LLC (Investment Manager) Edward Russell Eileen Fargis Jason Benson Michael Hart	[phone]
Peel Hunt LLP (Joint Corporate Broker) Liz Yong Luke Simpson Huw Jeremy	[phone]
Stifel (Joint Corporate Broker) Edward Gibson-Watt Rajpal Padam Madison Kominski	[phone]
Apex Listed Companies Services (UK) Limited (Company Secretary)              Martin Darragh Maria Matheou	[phone]
FTI Consulting (Financial PR) Matthew O'Keeffe Mitch Barltrop Vee Montebello	[phone]

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.

 

END