Ecofin US Renewables Infrastructure Trust (RNEP) ORD USD0.01 (GBP)

Ecofin U.S. Renewables Infrastructure Trust PLC is a United Kingdom-based closed-ended investment company. The Company's investment objective is to provide shareholders with an attractive level of current distributions, by investing in a diversified portfolio of mixed renewable energy and sustainable infrastructure assets predominantly located in the United States with prospects for modest capital appreciation over the long term. The principal focus of the Company is on investment in renewable assets, which are solar and wind energy assets (Solar Assets and Wind Assets), sectors eligible for investment by the Company also include different types of renewable energy (including battery storage, biomass, hydroelectric and microgrids) as well as other sustainable infrastructure assets, such as water and wastewater. Its portfolio reflects diversification across three renewable energy sectors: utility scale solar, commercial solar, and wind. Its investment manager is Ecofin Advisors, LLC.

The fund will be managed, either by an external third party investment manager or internally by the Company's board of directors, with the intention of realising all the assets in the Group's portfolio, in an orderly manner with a view to ultimately returning cash to the Company's shareholders following repayment of any outstanding borrowings of the Group from the proceeds of the assets.

• Ongoing charge1.80%
• Annual management charge1.00% of Net Assets
• Performance feeNo

Under the terms of the Investment Management Agreement,Ecofin will be entitled to a fee as set out below 1%. p.a. up to and equal to US500 million 0.9%. p.a. between US500m and US1 billion and 0.8%.p.a. in excess of US1billion on the lower of NAV and market capitalisation.