Last checked at 28 May 2021 07:00
28 May 2021
US SOLAR FUND PLC ("USF", the "Company")
Total Voting Rights and Capital
In conformity with the Disclosure Guidance and Transparency Rules, the Company notifies the market that as at 28 May 2021, the Company's issued share capital consisted of 332,192,361 ordinary shares, each with voting rights, with no shares held in treasury by the Company.
The total number of voting rights in the Company is therefore 332,192,361 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure Guidance and Transparency Rules.
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For further information, please contact:
US Solar Fund Whitney Voute
| +1 718 230 4329 |
Cenkos Securities plc James King Tunga Chigovanyika Will Talkington
| +44 20 7397 8900 |
Jefferies International Limited Stuart Klein Gaudi le Roux
| +44 20 7029 8000
|
KL Communications | +44 20 3995 6673 |
Charles Gorman Charlotte Stickings |
About US Solar Fund plc
US Solar Fund plc, established in 2019, is listed on the premium segment of the London Stock Exchange in April 2019 with a market capitalisation of approximately $340m. 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 America.
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 cashflows by selling electricity to creditworthy offtakers under long-term power purchase agreements (or PPAs). The Company's portfolio currently consists of 42 operational solar projects with a total capacity of 493MWDC, 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
USF is managed by New Energy Solar Manager (NESM). NESM also manages New Energy Solar, an Australian Securities Exchange (ASX)-listed fund. NESM manages over US$1.4bn of invested capital across US and Australian solar plants.
NESM is owned by E&P Funds, the funds management division of E&P Financial Group, an ASX listed company (ASX: EP1) with over A$20 billion of funds under advice.