REG - US Solar Fund PLC US Solar Fund - USFP - Investment Manager Appointment

Us Solar FundAnnouncement

01/12/2023 07:00

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RNS Number : 2783V  US Solar Fund PLC  01 December 2023

1 December 2023

 

US SOLAR FUND PLC

("USF", or the "Company")
Investment Manager Appointment

 

Further to the Company's announcement on 17 November 2023, the Board of USF is
pleased to confirm that Amber Infrastructure Investment Advisor, LLC, a member
of the Amber Infrastructure Group, has been appointed as the Company's
investment manager from 1 December 2023.

 

For further information, please contact:

 US Solar Fund                           +44 207 939 0550

 Meredith Frost (Amber Infrastructure)

 Cavendish Securities Plc                +44 20 7397 8900

 Tunga Chigovanyika

 James King

 Will Talkington

 Jefferies International Limited         +44 20 7029 8000

 Stuart Klein

 Gaudi Le Roux

 KL Communications                       +44 20 3995 6673
 Charles Gorman

 Charlotte Francis

 

 

 

About Amber

 

Amber Infrastructure is an international infrastructure specialist, focused on
investment origination, development, asset management and in Europe, fund
management. Amber's core business focuses on infrastructure assets across the
public, transport, energy, digital and demographic infrastructure sectors that
support the lives of people, homes and businesses internationally.

Among other funds, Amber manages International Public Partnerships,
a FTSE 250-listed company with a market cap of approximately £2.5
billion and 15-year track record of long-term investment in infrastructure
assets globally. Amber is headquartered in London with offices
in Europe, North America and Australia and employs over 180
infrastructure professionals. Amber has had a strategic partnership with
the Hunt Group of Companies in the US since 2015. Learn more
at www.amberinfrastructure.com (http://www.amberinfrastructure.com/) .

 

About US Solar Fund plc

 

US Solar Fund plc, established in 2019, listed on the premium segment of
the London Stock Exchange in April 2019.  The Company's investment
objective is to provide investors with attractive and sustainable dividends
with an element of capital growth by owning and operating solar power assets
in North America and other OECD countries in the Americas.

 

The solar power assets that the Company acquires or constructs are expected to
have an asset life of at least 30 years and generate stable and uncorrelated
cash flows by selling electricity to creditworthy off-takers under long-term
power purchase agreements (or PPAs). The Company's portfolio currently
consists of 41 operational solar projects with a total capacity of 443MWDC,
all located in the United States.

 

Further information on the Company can be found on its website
at http://www.ussolarfund.co.uk (http://www.ussolarfund.co.uk/) .

 

 

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