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).
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
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
Meredith Frost (Amber
Infrastructure)
|
+44 207 939 0550
|
Cavendish Capital Markets
Limited
Tunga Chigovanyika
James King
Will Talkington
|
+44 20 7397 8900
|
KL Communications
Charles Gorman
Charlotte Francis
|
USF@kl-communications.com
+44 779 597 7967
+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
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
LEI:
2138007BIUWE7AHS5Y90