Ecofin US Renewables Seeks to Sell Assets and Wind Up Business

Published: Sept. 8, 2023 at 3:01 a.m. ET

By Michael Susin

Ecofin U.S. Renewables Infrastructure Trust said that it intends to sell its assets and wind up the business after returning cash to shareholders.

The London-listed sustainability-focused investment trust said Friday that it will review its strategy given the unfavorable short-term prospects to raise new equity and the wide discounts affecting the sector.

However, it added that there can be no certainty as to the outcome of the strategic review or any asset sale process.

Write to Michael Susin at michael.susin@wsj.com

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