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Ecofin U.S. Renewables Infrastructure Trust Advances Strategic Solar Asset Disposal
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Ecofin U.S. Renewables Infrastructure Trust Advances Strategic Solar Asset Disposal

Story Highlights
  • Ecofin’s shareholders approved a new investment policy at the General Meeting.
  • Brett Miller became Chair as the solar asset sale progresses, expected to complete in Q1 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Ecofin U.S. Renewables Infrastructure Trust Plc ( (DE:9FV) ) just unveiled an announcement.

Ecofin U.S. Renewables Infrastructure Trust Plc announced that its shareholders have approved a new investment policy during the General Meeting, a key step towards completing its conditional disposal of distributed solar assets, known as the DG Solar Transaction. Additionally, Brett Miller has taken over as Chair following Patrick O’Donnell Bourke’s resignation. The transaction is expected to finalize within the first quarter of 2025, indicating strategic shifts in the company’s asset management and positioning in the renewable energy sector.

More about Ecofin U.S. Renewables Infrastructure Trust Plc

Ecofin U.S. Renewables Infrastructure Trust plc operates in the renewable energy industry, focusing on investment in renewable infrastructure assets in the United States, particularly in distributed solar energy. The company works to support sustainable energy initiatives and aims to deliver returns through investments in clean energy projects.

YTD Price Performance: 2.24%

Average Trading Volume: 3,166

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €40.55M

For a thorough assessment of 9FV stock, go to TipRanks’ Stock Analysis page.

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