Ecofin U.s. $ Regulatory News (RNEW)

28 July 2022

ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC

(the "Company")

Net Asset Value

The Company announces that the unaudited net asset value as at 30 June 2022 on a cum-income basis was $134.3 million (31 March 2022: $122.1 million) or $0.9732 per ordinary share (31 March 2022: $0. 9764). The contributors to the $12.2m increase in net asset value are:

· a $12.9 million increase from the net proceeds of the equity fundraise in May 2022;

· a $1.0 million decrease in cash and net working capital principally relating to budgeted seasonal fluctuations in operations at SED Solar Portfolio and Whirlwind;

· a $3.5 million decrease in discounted cash flow valuation of investments due to a small increase in discount rates primarily related to rises in inflation and interest rates; and

· a $3.8 million increase in discounted cash flow valuation of investments due to increases in merchant power price curves.

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.