10 December 2020
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ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC
OFFER UPDATE
Further to the Prospectus published on 11 November 2020, the Board of Directors of Ecofin U.S. Renewables Infrastructure Trust PLC ("RNEW" or the "Company"), a newly established investment company focused on mixed U.S. renewable energy assets, provides an update on its proposed initial public offering on the London Stock Exchange's Main Market.
The response to the proposition from a broad range of both institutional investors, including large, blue-chip institutions, and private wealth managers, has been very positive. Whilst the response has been positive, demand is currently below the minimum threshold of $150 million. In light of this, the Board has decided on a short extension of the timetable in order to ensure that a small number of investors who require further time to complete their due diligence are able to participate.
The Company intends to publish the revised timetable next week.
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Further information on the Company can be found on its website at https://ecofininvest.com/rnew.
The Company's LEI is 2138004JUQUL9VKQWD21.
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