Ecofin U.S. Renewables Infrastructure Trust plc (the "Company”) is pleased to announce that it has raised gross proceeds of $125 million pursuant to its initial public offering.

The Company intends to execute its investment objective by investing in a diversified portfolio of Renewable Assets predominantly in the United States, but it may also invest up to 15% of Gross Assets in other OECD countries. Sectors eligible for investment by the Company will include renewable energy (solar, wind, battery storage, biomass, hydroelectric and microgrids), water and waste-water and related Renewable Assets sectors, with a predominant focus on solar and wind.

The Company will seek to invest primarily through privately-negotiated middle market acquisitions of long-life Renewable Assets which are construction-ready, in-construction and/or currently in operation with long-term power purchase agreements or comparable contracts with investment-grade quality counterparties, including utilities, municipalities, universities, schools, hospitals, foundations, corporations and others.

Patrick O'D Bourke, Chairman of Ecofin U.S. Renewables Infrastructure Trust PLC, commented on the IPO:

 "We thank investors for their support for the Company and its investment mandate in this important asset class. We look forward to welcoming them as new shareholders, and to working with Ecofin Advisors to pursue the Company's investment objective."

 Jerry Polacek, Managing Director and Group Lead of Private Clean Energy and Infrastructure at Ecofin, said:

 "On behalf of Ecofin, I wish to thank every investor that made RNEW's offering possible against the backdrop of a global pandemic and a roadshow executed through a novel virtual format. Your support serves to directly expand investment in renewable energy and decarbonisation of the US power grid.  RNEW is well positioned to participate in the accelerating growth of US renewable energy derived from compelling economics for energy consumers and an improving national policy environment. The Ecofin team is working diligently to meet our commitments in order that RNEW can meet its investment objectives."