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Ecofin U.S. Renewables Infrastructure Trust Plc ( (GB:RNEW) ) has provided an announcement.
Ecofin U.S. Renewables Infrastructure Trust PLC has completed the sale of its Whirlwind asset to Buho Infrastructure, LLC, executing definitive agreements on 30 December 2025 in line with its existing investment policy. The transaction delivers an immediate net closing payment of approximately US$12 million to the company’s wholly owned subsidiary, with a further US$11 million placed in escrow for up to 11 months pending resolution of an interconnection stability curtailment issue and the potential for up to an additional US$7 million linked to future repowering activities by the buyer, reflecting an ongoing effort to optimise the trust’s U.S. renewables portfolio and recycle capital for shareholders. Marathon Capital Markets, LLC acted as financial adviser on the deal.
More about Ecofin U.S. Renewables Infrastructure Trust Plc
Ecofin U.S. Renewables Infrastructure Trust PLC is a UK-listed investment company focused on owning and managing U.S. renewable energy infrastructure assets, primarily in the wind and solar sectors, with the objective of generating sustainable income and capital growth for its shareholders through exposure to the North American clean energy market.
Average Trading Volume: 326,270
Technical Sentiment Signal: Sell
Current Market Cap: $27.89M
See more insights into RNEW stock on TipRanks’ Stock Analysis page.