Ecofin U.s. $ Regulatory News (RNEW)

This Announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of UK domestic law by virtue of the  European Union (Withdrawal) Act 2018.

19 July 2022

ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC

Investment Management Update

The Board of Ecofin U.S. Renewables Infrastructure Trust PLC (the "Company" or "RNEW") was informed yesterday by its AIFM and investment manager, Ecofin Advisors, LLC ("Ecofin"), that portfolio managers Jerry Polacek, Matthew Ordway and Prashanth Prakash have decided to pursue a new venture and have resigned from their roles at Ecofin.

Ecofin has confirmed to the Board that RNEW's asset management team and the ongoing management of the existing portfolio are unaffected by this change. Ed Russell, Senior Managing Director of Ecofin, will continue to be responsible for overall leadership of the Ecofin team and the portfolio will continue to be managed operationally by Ecofin's dedicated asset management team led by Jason Benson, Director - Clean Energy & Infrastructure. Ecofin's experienced private sustainable infrastructure team of 17 investment professionals led by David Sifford, Managing Director - Head of Private Sustainable Infrastructure, will continue to support the Company's renewable energy assets. The broader Ecofin team and senior leadership will work with the departing individuals to ensure a smooth transition over the coming weeks and the Company will provide further updates, including in respect of lead portfolio manager arrangements, as soon as practicable.

For further information, please contact:

Further information on the Company can be found on its website at https://uk.ecofininvest.com/funds/us-renewables-infrastructure-trust-plc/.

The Company's LEI is 2138004JUQUL9VKQWD21.