QuotedData Retail - Ecofin US Renewables Infrastructure Trust (RNEP) Ecofin US Renewables Infrastructure Trust – Back on track

Report

QuotedData Retail

James Carthew ...

Matthew Read
Richard Williams

Ecofin US Renewables Infrastructure Trust – Back on track

Ecofin US Renewables Infrastructure Trust (RNEW) moved from a premium to a discount in July 2022 coincident with the resignation of the original fund management team. A new fund management team, led by Eileen Fargis, is now in place and says that the portfolio assembled is solid, performing well and delivering on expectations, and believes that the opportunity available to RNEW is considerable.

Ecofin adds that the trust’s predictable US dollar-denominated cash flows (which are also uncorrelated with equity markets) and high yield should be attractive to investors.

26/01/2023 1 EN

Underlying

Ecofin US Renewables Infrastructure Trust

See profile

GB00BLPK4430 London Stock Exchange United Kingdom

Provider

QuotedData Retail

QuotedData you with provides access to research on Investment Companies, Investment Trusts and Mining companies. Our aim is to provide you all the information you might need to make your own investment decisions. We cannot offer you advice on your investments.

See profile

Analysts

James Carthew

Matthew Read

Richard Williams

Other Reports on these Companies

Hardman & Co

Quoted UK Infrastructure and Renewable Energy ‒ A year of trials and tribulations

Only Cordiant and Pantheon buck the trend... For the remaining 29 quoted Infrastructure Investment Companies (IICs) and the Renewable Energy Infrastructure Funds (REIFs), 2024 was a dire year ‒ as was 2023. NAV discounts widened appreciably, while some REIFs, in particular, really struggled. During 2024, there were several “Continuation/Discontinuation Votes”, which saw some funds enter Managed Wind Down. Furthermore, there were no major sector fund-raises during the year; instead, share buybacks prevailed. And, there were no sector IPOs ‒ the last was back in 2021. Nevertheless, most f...

February 6, 2025 February 6, 2025 1 EN

Hardman & Co

Hardman & Co Insight: 2023 was an annus horribilis for Quoted UK Infrastructure and Renewable Energy

The focus of Hardman & Co Research is on the nine quoted Infrastructure Investment Companies (IICs) and on the 22 Renewable Energy Infrastructure Funds (REIFs): the stocks analysed are all members of the Association of Investment Companies (AIC). We are updating our publication of January 2023, assessing both the lacklustre share price performances during 2023 and the key issues, including interest rates, inflation and power prices. As a 31-strong group, its combined market capitalisation is now £26.2bn (the valuation of the suspended Asian Energy Impact – formerly ThomasLloyd Energy Impact –...

February 1, 2024 February 1, 2024 1 EN

QuotedData Retail

Ecofin US Renewables Infrastructure Trust – Storm damage reparable

Ecofin US Renewables (RNEW) has been impacted by tornado damage to a substation in Texas, which is going to act as a constraint on cash flows generated by its local windfarm investment. As discussed on page 3, the manager expects insurance to cover much of the loss. Nevertheless, the board has reduced the company’s dividend for the third and fourth quarter of 2023. This appears to have impacted on the company’s efforts to narrow its excessive discount. However, solutions have already been identified to address much of the revenue shortfall and, once RNEW has put this behind it, there may be o...

September 12, 2023 September 12, 2023 1 EN

RIT Capital Partners – Riding out the tariff storm

Uncertainty levels have been dialled up across global markets, with Trump’s tariffs throwing up a new dimension of risk. RIT Capital Partners’ (RIT’s) diversified portfolio (across asset classes, sectors and geographies) and stringent risk controls put it in a unique position to weather the storm. Leveraging off its manager’s investment skillset and unparalleled access to specialist fund managers, the trust’s portfolio has been constructed with the aim of performing well across market cycles. Risk controls, such as downside protection strategies, help its manager take a long-term view and l...

May 15, 2025 May 15, 2025 EN

Matthew Read

Matthew Read

Vietnam Holding Limited – Cheap stocks, bold reforms, big ambitions

Vietnam still offers one of the most compelling macro stories across emerging markets. In the short term, concerns over China, US trade policy and a focus on large-cap US tech have seen it left behind, but its fundamentals remain very attractive, and the government is making major structural reforms to support very ambitious GDP growth targets. VNH’s portfolio has been repositioned to take advantage of the expected acceleration in GDP growth, with increased weightings in banking and retail, for example, which are already paying off. Foreign investor flows have not suited VNH’s portfolio, bu...

April 30, 2025 April 30, 2025 EN

David Johnson

David Johnson

Montanaro UK Smaller Companies – High growth, bigger yield

Montanaro UK Smaller Companies (MTU) has adopted a new enhanced dividend policy, paying out 1.5% of NAV every quarter. This will make it one of the highest-yielding UK equity strategies on the market. For traditional equity income investors, whose portfolios tend to be tilted towards more value-focused cash-generative stocks, MTU’s combination of a high dividend yield and a strong focus on quality growth stocks differentiates it from peers. UK equities were cheap relative to their history and to developed market peers prior to the tariff-related sell off; now they are even cheaper. In addit...

April 29, 2025 April 29, 2025 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Ecofin US Renewables Infrastructure Trust – Back on track

Quoted UK Infrastructure and Renewable Energy ‒ A year of trials and tribulations

Hardman & Co Insight: 2023 was an annus horribilis for Quoted UK Infrastructure and Renewable Energy

Ecofin US Renewables Infrastructure Trust – Storm damage reparable

RIT Capital Partners – Riding out the tariff storm

Vietnam Holding Limited – Cheap stocks, bold reforms, big ambitions

Montanaro UK Smaller Companies – High growth, bigger yield

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe