ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

RNEP Ecofin U.s. Renewables Infrastructure Trust Plc

25.00
0.00 (0.00%)
Last Updated: 08:00:03
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ecofin U.s. Renewables Infrastructure Trust Plc LSE:RNEP London Ordinary Share GB00BLPK4430 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.00 24.00 26.00 25.50 25.00 25.50 8,133 08:00:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty -4.29M -6.73M -0.0487 -5.13 34.52M

Ecofin US Renewables Infrastr.Trust Amendment & Extension to Revolving Credit Facility (0460E)

27/06/2023 9:11am

UK Regulatory


Ecofin U.s. Renewables I... (LSE:RNEP)
Historical Stock Chart


From Sep 2022 to Sep 2024

Click Here for more Ecofin U.s. Renewables I... Charts.

TIDMRNEW

RNS Number : 0460E

Ecofin US Renewables Infrastr.Trust

27 June 2023

27 June 2023

ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC

(the "Company")

Amendment and Extension to Revolving Credit Facility

Ecofin U.S. Renewables Infrastructure Trust PLC is pleased to announce that its wholly-owned subsidiary, RNEW Capital, LLC, has completed an amendment and extension to its $65 million revolving credit facility ("RCF") with KeyBank, one of the premier lenders to the U.S. renewable energy industry.

The RCF, which comprises two tranches, has now been extended by 12 months. The $50 million tranche has been extended to October 2024 with a rate of SOFR + 2.00% to 18 October 2023 and SOFR + 2.125% thereafter, and the $15 million tranche was extended to October 2025 with a rate of SOFR + 2.25% to 18 October 2023 and SOFR + 2.375% thereafter.

For further information, please contact:

 
 Ecofin Advisors, LLC (Investment Manager) 
  Edward Russell 
  Eileen Fargis 
  Jason Benson 
  Michael Hart                                   +1 913 981 1020 
 Peel Hunt LLP (Joint Corporate Broker) 
  Liz Yong 
  Luke Simpson 
  Huw Jeremy                                    +44 20 7418 8900 
 Stifel (Joint Corporate Broker) 
  Edward Gibson-Watt 
  Rajpal Padam                                  +44 20 7710 7600 
 Apex Listed Companies Services (UK) Limited 
  (Company Secretary) 
  Martin Darragh 
  Maria Matheou                                 +44 20 3327 9720 
 FTI Consulting (Financial PR) 
  Matthew O'Keeffe 
  Mitch Barltrop 
  Vee Montebello                                +44 79 7607 5797 
 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCFRMPTMTMTMLJ

(END) Dow Jones Newswires

June 27, 2023 04:11 ET (08:11 GMT)

1 Year Ecofin U.s. Renewables I... Chart

1 Year Ecofin U.s. Renewables I... Chart

1 Month Ecofin U.s. Renewables I... Chart

1 Month Ecofin U.s. Renewables I... Chart

Your Recent History

Delayed Upgrade Clock