Notice of GM
Summary by AI BETAClose X
26 February 2026
Ecofin U.S. Renewables Infrastructure Trust plc (the "Company")
Proposed B Share Scheme and notice of General Meeting
Ecofin U.S. Renewables Infrastructure Trust plc has today released a circular and notice of its general meeting (the "GM") to be held at 3.00 p.m. on 7 April 2026 at 3 Stonecutter Street, London EC4A 4AW (the "GM Circular").
The GM Circular contains details of a proposed mechanism to return capital to shareholders through the issue and immediate redemption of bonus shares (the "B Share Scheme").
Full details of the proposed B Share Scheme, which is conditional on the passing of the relevant resolutions at the GM, are contained in the GM Circular. A summary of the proposal is set out below.
B Share Scheme
As realisations of the Company's assets occur, the Board believes it would be prudent to have a method for returning available capital amounts to Shareholders to the extent possible.
After due consideration, the Board believes that one of the fairest and most efficient ways of returning cash to Shareholders is by adopting a B Share Scheme whereby the Company will be able to issue redeemable B Shares to Shareholders and to redeem them on each Redemption Date without further action being required by Shareholders ("B Share Returns of Capital").
Subject to the passing of the Resolutions, the quantum of B Share Returns of Capital to Shareholders will be capped at half the amount of the Company's distributable profit. At the date of this document, that is approximately $20 million. The timing of B Share Returns of Capital are at the discretion of the Board, which will announce details of each B Share Return of Capital, including the relevant Record Date, Redemption Price and Redemption Date, through an RIS Announcement.
The adoption of a B Share Scheme will not limit the ability of the Company to return cash to Shareholders by using other mechanisms and, if the B Share Scheme is adopted, the Board will continue to review its efficiency over time.
An electronic copy of the circular can be viewed at https://rnewfund.com/funds/ecofin-us-renewables-infrastructure-trust-plc/#investors, and will shortly be submitted to the National Storage Mechanism.
Any capitalised terms not defined in this announcement shall have the same meaning as in the GM Circular.
For further information, please contact:
Ecofin U.S. Renewables Infrastructure Trust PLC via the Company Secretary
Brett Miller
Apex Listed Companies Services (UK) Limited (Company Secretary) +44 20 4582 6470
LEI: 2138004JUQUL9VKQWD21
A copy of this announcement will be available on the Company's website at https://rnewfund.com/. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.
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