Ecofin US Renewables Infrastructure Trust intends to invest in a diversified portfolio of renewable assets predominantly in the United States, but it may also invest up to 15% of its gross assets in other OECD countries. Sectors eligible for investment will include renewable energy (solar, wind, battery storage, biomass, hydroelectric and microgrids), water and waste-water and related renewable assets sectors, with a predominant focus on solar and wind.
The company will seek to invest primarily through privately-negotiated middle market acquisitions of long-life renewable assets which are construction-ready, in-construction and/or currently in operation with long-term power purchase agreements or comparable contracts with investment-grade quality counterparties, including utilities, municipalities, universities, schools, hospitals, foundations, corporations and others.
The trust has US dollar traded shares – RNEW – and Sterling traded shares – RNEP
You can access the company’s website here
We have written notes that explain in some detail how the fund works.
Storm damage reparable – published on 6 September 2023, considered the impact of a tornado on the fund’s wind farm
Back on track – published on 26 January 2023, looks at the fund’s prospects following the appointment of a new manager
Clear path to growth – published on 25 March 2022 looks at the opportunities that are open to expand the portfolio
Sunny outlook – published on 18 May 2021 is QuotedData’s initiation note
You can view our interviews with the company’s Fund Managers below:
27th January 2023: Eileen Fargis – Weekly Show