| 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 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.
Ecofin U.S. Renewables Infrastructure Trust Plc has appointed Nancy Johnson as a new director, enhancing the board with her extensive experience in finance and asset management. This strategic move aims to leverage her expertise in managing the company’s remaining assets, potentially strengthening Ecofin’s operational efficiency and market position in the renewable energy sector.
Ecofin U.S. Renewables Infrastructure Trust PLC has announced a proposal to sell its 59.8 MW Whirlwind wind project in Texas. The sale includes a $12 million closing payment and an $11 million escrow holdback to address operational capacity issues. The transaction aims to resolve the project’s interconnection stability curtailment, with potential financial implications for stakeholders based on the resolution of these issues. The deal is expected to be finalized by the end of 2025, with closing occurring shortly thereafter, although there is no certainty that definitive agreements will be reached.