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An announcement from Ecofin U.S. Renewables Infrastructure Trust Plc ( (DE:9FV) ) is now available.
Ecofin U.S. Renewables Infrastructure Trust Plc has renegotiated its management fee with Ecofin Advisers, LLC to better align the interests of the management with those of the shareholders. Effective from January 2025, the management fee will be calculated based on the lower of the company’s market capitalization or net asset value, with adjustments made for asset sales in previous quarters. This move is expected to enhance shareholder value and improve financial efficiency.
More about Ecofin U.S. Renewables Infrastructure Trust Plc
Ecofin U.S. Renewables Infrastructure Trust Plc operates within the renewable energy sector, focusing on investment in infrastructure assets in the United States. The company aims to provide sustainable financial returns through its investments in renewable energy projects.
YTD Price Performance: 2.24%
Average Trading Volume: 3,166
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €40.38M
Learn more about 9FV stock on TipRanks’ Stock Analysis page.
