REG - US Solar Fund PLC US Solar Fund - USFP - Notice of Results

Us Solar FundAnnouncement

18/03/2024 07:00

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RNS Number : 1108H  US Solar Fund PLC  18 March 2024

US Solar Fund plc

Notice of results and further information to be available post results

18 March 2024

US Solar Fund plc, (USF, the Company), will announce its results for the
12-month period ended 31 December 2023 on Monday 25 March 2024.

There will be an online presentation for analysts and institutional investors
at 2pm on Monday 25 March 2024. A link to join the online presentation will be
circulated in advance of the meeting.

Those wishing to join the presentation are asked to register their interest
with Kaso Legg Communications (usf@kl-communications.com
(mailto:usf@kl-communications.com) ).

 

Retail investor presentation

The Company will also be hosting a presentation for retail investors via the
Investor Meet Company platform at 3.30pm on Tuesday 26 March 2024.

The presentation will be open to all existing and potential shareholders.
Questions can be submitted pre-event via the Investor Meet Platform dashboard,
up until 9.00am on the day before the meeting. Questions can be submitted at
any time during the live presentation.

Investors who already follow USF on the Investor Meet Company platform will
automatically be invited to the meeting. Those wishing to sign up for free,
and join the meeting online, can do so here:
https://www.investormeetcompany.com/us-solar-fund-plc-1/register-investor
(https://www.investormeetcompany.com/us-solar-fund-plc-1/register-investor)

 

Additional information available in April 2024

The Company is currently analysing options available to optimise the Company's
capital structure and improve operational cash flows. These options may
include share buybacks and refinancing of the Company's existing debt.

The Board will provide an update following the conclusion of this analysis,
which is expected before the end of April 2024, and will include the Board's
proposal with respect to the use of proceeds from the sale of Mount Signal 2.

 

For further information, please contact:

 US Solar Fund                            +44 207 939 0550

 Meredith Frost (Amber Infrastructure)

 Cavendish Capital Markets Limited        +44 20 7397 8900

 Tunga Chigovanyika

 James King

 Will Talkington

 KL Communications                        USF@kl-communications.com

 Charles Gorman                           +44 779 597 7967

 Charlotte Francis                        +44 773 809 9560

 

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)

 

About the Investment Manager

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)

 

LEI: 2138007BIUWE7AHS5Y90

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