ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC

• ⚠

  Accounts not prepared on a going-concern basis

  The Directors are satisfied that the Company has adequate resources to continue in operation throughout the winding down period and to meet all its liabilities as they fall due. Nonetheless, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. On this basis, the Directors have prepared the financial statements on a basis other than going concern.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

• ·

  Going-concern uncertainty disclosed

Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

UK-adopted international accounting standards

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Qualified

Going concern

Not a going concern (break-up basis)

“The Directors are satisfied that the Company has adequate resources to continue in operation throughout the winding down period and to meet all its liabilities as they fall due. Nonetheless, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. On this basis, the Directors have prepared the financial statements on a basis other than going concern.”

Group structure

1. ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC · parent
   1. RNEW Holdco, LLC 100% · United States · Holdco Subsidiary entity, owns RNEW Blocker, LLC
   2. RNEW Blocker, LLC 100% · United States · Holdco Subsidiary entity, owns RNEW Capital, LLC
   3. RNEW Capital, LLC 100% · United States · Holdco Subsidiary entity, owns underlying SPV Entities
   4. TC Renewable Holdco I, LLC 100% · United States · Holdco Subsidiary entity, owns CD Global Solar CA Beacon 2 Borrower, LLC and CD Global Solar CA Beacon 5 Borrower, LLC
   5. CD Global Solar CA Beacon 2 Borrower, LLC 49.5% · United States · Subsidiary entity, owns investment in Beacon 2
   6. CD Global Solar CA Beacon 5 Borrower, LLC 49.5% · United States · Subsidiary entity, owns investment in Beacon 5

Significant events

• “The distributed solar assets were sold, with the transaction completing on 10 March 2025.”
• “The sale of Whirlwind, a 59.8 MW wind project in Texas, closed on 30 December 2025.”
• “Ecofin Advisors, LLC gave notice of termination of the Investment Management Agreement on 7 February 2025.”
• “On 6 May 2025, the Company announced new management arrangements, including an application to become a self-managed alternative investment fund.”
• “The Financial Conduct Authority approved the Company's application to become a self-managed alternative investment fund on 25 June 2025.”
• “Canaccord Genuity Limited was appointed as the Company's sole corporate broker on 22 January 2026.”
• “Details of the proposed B Share scheme, a mechanism by which capital could be returned to Shareholders, were published on 26 February 2026.”
• “Shareholders approved the B Share scheme at a General Meeting on 7 April 2026.”
• “The Company progressed a refinancing of the Beacon 2 and Beacon 5 project-level debt, together with the buyout of the remaining tax equity investor interests in the projects.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.