Almitas Capital Ups Stake in Ecofin Renewables Trust
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Almitas Capital Ups Stake in Ecofin Renewables Trust

Ecofin U.S. Renewables Infrastructure Trust Plc (GB:RNEW) has released an update.

Ecofin U.S. Renewables Infrastructure Trust Plc has announced a significant change in share ownership, with Almitas Capital LLC acquiring additional voting rights, thereby reaching a total of 13.84% stake in the company. The transaction, which crossed the notifiable threshold on April 22, 2024, resulted in Almitas Capital now holding over 19 million voting rights within the trust. This move reflects a notable change in the shareholder structure and could have implications for the trust’s governance and strategic direction.

For further insights into GB:RNEW stock, check out TipRanks’ Stock Analysis page.

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