Ecofin U.S. Renewables Infrastructure Trust Plc (RNEW) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 3.45%
• Average Volume (3M): 5.25K
• Price to Earnings (P/E): ―
• Beta (1Y): <0.01
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: Asset Management
• EPS (TTM): -0.04
• Shares Outstanding: 138,078,490
• 10 Day Avg. Volume: 9,814
• 30 Day Avg. Volume: 5,253
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 12.97
• P/FCF Ratio: 37.87
• Enterprise Value/Market Cap: 10.00T>
• Enterprise Value/Revenue: 3.13
• Enterprise Value/Gross Profit: 3.91
• Enterprise Value/Ebitda: -2.93
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: $0.22 ▲(9.00% Upside)
• Action: N/A Date: 01/04/26
• Date: Action: N/A 01/04/26

The score is driven down primarily by sharply deteriorating financial performance (large loss and steep revenue decline) and bearish technicals (below key moving averages with negative MACD). A debt-free balance sheet and a ~3.45% dividend yield provide partial support, but not enough to offset weak earnings and momentum.

Ecofin U.S. Renewables Infrastructure Trust Plc Business Overview & Revenue Model

Company Description

Ecofin U.S. Renewables Infrastructure Trust PLC, an investment trust, engages in investing in renewable energy and sustainable infrastructure assets primarily in the United States.

How the Company Makes Money

RNEW makes money primarily by earning cash flows from its investments in U.S. renewable energy infrastructure. Key revenue sources typically include (1) distributions/dividends received from portfolio companies and project-level holdings, funded by the operating cash flows of underlying renewable assets; and (2) realized capital gains (or losses) when investments are sold or refinanced. The underlying assets generally generate operating revenue by selling electricity and/or renewable energy attributes under contractual arrangements (e.g., offtake agreements), which then supports project-level distributions up to the trust. RNEW’s ability to generate and grow earnings is influenced by factors such as the availability and terms of power/contracted revenues at the asset level, operating performance and uptime of the underlying facilities, financing costs and leverage used within the investment structure, and the manager’s sourcing and asset-management capabilities. Specific material partnerships, named counterparties, and the exact mix of contractual structures cannot be confirmed from the information provided here and are therefore null.

Ecofin U.S. Renewables Infrastructure Trust Plc Financial Statement Overview

Summary

Operating performance is the key weakness: revenue fell ~48% in 2024 and results swung to a very large loss with deeply negative margins. The balance sheet has no debt (lower financial risk), but equity/assets declined and ROE is very weak. Cash flow remains positive, yet free cash flow dropped ~73% year over year, reducing cushion.

Income Statement

Profitability and growth have deteriorated sharply. Revenue fell materially in 2024 (down ~48% year over year), and results swung to a very large loss in 2024 after a modestly profitable 2021–2022 period. Margins are highly volatile and currently deeply negative, indicating weak earnings quality and limited visibility.

Balance Sheet

The balance sheet is conservatively financed with no debt reported, which reduces financial risk. However, equity and asset levels declined significantly from 2023 to 2024, and the large 2024 loss drove a very weak return on equity, signaling pressure on book value and underlying performance despite low leverage.

Cash Flow

Cash generation remains positive, with operating cash flow and free cash flow still positive in 2024. That said, free cash flow dropped meaningfully in 2024 (down ~73% year over year), reflecting weakening cash performance and reduced cushion versus prior years even though cash flow has held up better than earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.28M	3.25M	-5.54M	2.21M	6.13M
Gross Profit	5.04M	2.28M	-6.94M	794.00K	5.19M
EBITDA	-6.72M	-53.98M	-6.72M	1.18M	3.78M
Net Income	130.92M	-53.97M	-6.73M	1.18M	3.44M
Balance Sheet
Total Assets	118.45M	62.48M	118.45M	130.78M	124.25M
Cash, Cash Equivalents and Short-Term Investments	1.65M	828.00K	1.65M	3.39M	5.36M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	795.00K	723.00K	795.00K	593.00K	522.00K
Stockholders Equity	117.66M	61.76M	117.66M	130.19M	123.72M
Cash Flow
Free Cash Flow	4.05M	1.11M	4.05M	7.71M	4.34M
Operating Cash Flow	4.05M	1.11M	4.05M	7.71M	4.34M
Investing Cash Flow	0.00	0.00	0.00	-14.86M	-119.20M
Financing Cash Flow	-5.80M	-1.93M	-5.80M	5.19M	120.23M

Ecofin U.S. Renewables Infrastructure Trust Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSG	73 Outperform	£432.93M	7.48	44.99%	5.73%	―	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GSF	65 Neutral	£245.48M	3.37	1.20%	8.18%	-9.72%	-25.25%
IPX	62 Neutral	£155.51M	11.98	17.51%	17.93%	-16.53%	-44.15%
EGT	45 Neutral	£9.76M	-4.39	-22.43%	―	―	―
RNEW	44 Neutral	―	-1.48	-47.36%	3.45%	―	―

Ecofin U.S. Renewables Infrastructure Trust Plc Corporate Events

Ecofin U.S. Renewables Infrastructure Trust Plans B Share Scheme to Return Capital

Ecofin U.S. Renewables Infrastructure Trust plc has outlined plans to introduce a B Share Scheme to return capital to investors as it realises assets from its U.S. renewable energy portfolio. The initiative, detailed in a newly published circular ahead of a 7 April 2026 general meeting in London, would allow the board to issue and immediately redeem bonus B shares as a mechanism for cash distributions.

If approved by shareholders, the B Share Returns of Capital will be capped at half of the company’s distributable profit, currently about $20 million, with the timing and size of each return at the board’s discretion. The scheme is intended to provide a flexible and efficient way to hand back surplus cash without limiting the company’s use of other capital return tools, underscoring a proactive approach to capital management as its portfolio matures.

The most recent analyst rating on (GB:RNEW) stock is a Hold with a $0.22 price target. To see the full list of analyst forecasts on Ecofin U.S. Renewables Infrastructure Trust Plc stock, see the GB:RNEW Stock Forecast page.

Ecofin U.S. Renewables Infrastructure Trust Names Canaccord Genuity as Sole Corporate Broker

Ecofin U.S. Renewables Infrastructure Trust Plc has appointed Canaccord Genuity Limited as its sole corporate broker with immediate effect, replacing its previous broking arrangements. The move signals an effort to strengthen the company’s capital markets support and investor engagement as it continues to develop its portfolio of U.S. renewable energy infrastructure assets, which may influence its access to equity markets and visibility among investors.

The most recent analyst rating on (GB:RNEW) stock is a Hold with a $0.22 price target. To see the full list of analyst forecasts on Ecofin U.S. Renewables Infrastructure Trust Plc stock, see the GB:RNEW Stock Forecast page.

Ecofin U.S. Renewables Infrastructure Trust Completes Sale of Whirlwind Asset

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.