REG - Ecofin US Renewables - Completion of Disposal of Whirlwind

Ecofin US Renewables Infrastructure TrustAnnouncement

31/12/2025 07:00

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RNS Number : 2766N  Ecofin US Renewables Infrastr.Trust  31 December 2025

Ecofin U.S. Renewables Infrastructure Trust PLC

31 December 2025

For immediate release.

Ecofin U.S. Renewables Infrastructure Trust PLC (the "Company")

Completion of Disposal of Whirlwind

Further to the Proposal for Disposal of Whirlwind announcement made on 31
October 2025 (the "Disposal Announcement"), the Board of the Company is
pleased to announce that definitive agreements on the Proposal have been
executed on 30 December 2025 with completion of the sale of Whirlwind
occurring simultaneously to Buho Infrastructure, LLC (the "Buyer" and the
"Disposal").

The key terms of the Disposal, which is within the scope of the Company's
existing published Investment Policy, are substantially consistent with those
set out in the Disposal Announcement. More particularly net closing payment
payable to TC Renewable Holdco VII, LLC (an indirect wholly-owned subsidiary
of the Company) by Buyer was approximately US$12 million. An additional amount
of US$11 million is to be held in escrow for a period of up to 11 months
pending the resolution of the interconnection stability curtailment issue,
with the potential for additional payments of up to US$7 million based upon
repowerings that may be conducted by the Buyer, in each case based upon the
terms set out in the Disposal Announcement. Defined terms used in this
announcement shall, unless the context requires otherwise, have the meanings
ascribed to them in the Disposal Announcement.

Marathon Capital Markets, LLC is acting as financial advisor to the Company in
connection with the Disposal.

Enquiries

 Ecofin U.S. Renewables Infrastructure Trust PLC                                                       via the Company Secretary

 Brett Miller

 Marathon Capital Markets, LLC (Financial Adviser)                                                     +1 312 989 1348

 Andrea Rosko (Director, Marketing & Communications)

 Apex Listed Companies Services (UK) Limited (Company Secretary)                                       +44 20 3327 9720

IMPORTANT NOTICES

Financial adviser

Marathon Capital Markets, LLC (Marathon) which is registered with the U.S.
Securities and Exchange Commission and regulated by the Financial Industry
Regulatory Authority in the United States, has acted as financial adviser to
the Company and for no one else in connection with the matters set out in this
announcement and is not, and will not be, responsible to anyone other than the
Company for providing the protections afforded to clients nor for providing
advice in connection with the matters set out in this announcement.

Neither Marathon nor any persons associated or affiliated with it accepts any
responsibility whatsoever or makes any representation or warranty, express or
implied, concerning the contents of this announcement, including its accuracy,
completeness or verification, or concerning any other statement, made or
purported to be made by it or them, or on its or their behalf, the Company or
the directors in connection with the Company or the Disposal, and nothing in
this announcement is, or shall be relied upon as, a promise or representation
in this respect, whether as to the past or future.  Marathon and its
respective associates and affiliates accordingly disclaim, to the fullest
extent permitted by law, all and any responsibility and liability whether
arising in tort, contract or otherwise which it or they might otherwise have
in respect of this announcement or any such statement.

General

This announcement is not a prospectus and is not intended to, and does not,
constitute or form part of any offer, invitation or the solicitation of an
offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose
of, or issue any securities whether pursuant to this announcement or
otherwise.

The release, publication or distribution of this announcement in jurisdictions
outside the United Kingdom may be restricted by laws of the relevant
jurisdictions and therefore persons into whose possession this announcement
comes should inform themselves about, and observe, such restrictions. Any
failure to comply with the restrictions may constitute a violation of the
securities law or any such jurisdiction.

Presentation of financial information

References to "US$" are to the lawful currency of the United States.

Certain financial data has been rounded, and, as a result of this rounding,
the totals of data presented in this announcement may vary slightly from the
actual arithmetic totals of such data.

LEI Number

The Company's LEI Number is 2138004JUQUL9VKQWD21

END

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