LONDON, UK: The Board of Ecofin U.S. Renewables Infrastructure Trust announced the closing of the following acquisition, which will further deploy the Company’s IPO proceeds. Closing the acquisition of Echo Solar Portfolio’s largest asset In July, the Company signed an agreement to acquire twelve solar photovoltaic projects, which are at construction stage and are expected…
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Ecofin completes acquisition of seed investments
LONDON: Ecofin U.S. Renewables Infrastructure Trust (RNEW) has now completed the acquisition of all four seed investments described in its prospectus dated 11 November 2020. Within just over one month from admission, the Company has therefore now invested approximately 50% of the net IPO proceeds. The aggregate consideration payable for the fourth seed investment, is…
Ecofin announces acquisition of seed assets
LONDON: Ecofin U.S. Renewables Infrastructure Trust PLC (RNEW) has now completed the acquisition of three of the four seed investments described in its prospectus dated 11 November 2020. The third seed investment, acquired for an aggregate consideration of $21.1m, includes a 100% ownership interest in a 11.3 MW commercial rooftop and ground-mount solar portfolio consisting…