Ecofin U.s. $ Regulatory News (RNEW)

 Ecofin US Renewables Infrastructure Trust - Update research from QuotedData

26th January 2023

Back on track

Ecofin US Renewables Infrastructure Trust's (RNEW's) share price moved from a premium to net asset value (NAV) to a discount in July 2022 as the original fund management team resigned. The portfolio assembled is solid, performing well and delivering on expectations. A new fund management team, led by Eileen Fargis, is now in place and the opportunity available to RNEW is considerable.

We believe that the trust's predictable US dollar-denominated cash flows (which are also uncorrelated with equity markets) and high dividend yield are attractive to investors. The shares should be re-rated, and the fund should continue to grow.

Full Research:

https://quoteddata.com/research/ecofin-us-renewables-infrastructure-trust-back-on-track-qd/

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