PWI Dividends

Sustainable Power & Infrastructure Split Corp. Announces Extension of Term

Published August 12, 2025 at 10:09 PM

TORONTO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- (TSX: PWI, PWI.PR.A) Sustainable Power & Infrastructure Split Corp. (the “Fund”) is pleased to announce that the board of directors of the Fund has approved an extension of the maturity date of the class A shares (the “Class A Shares”) and preferred shares (the “Preferred Shares”) of the Fund. The current maturity date of May 29, 2026 will be extended for an additional term of approximately 5 years to May 29, 2031. The Preferred Share dividend rate for the extended term will be announced at least 60 days prior to the current May 29, 2026 maturity date and will be based on market yields for preferred shares with similar terms at that time. The term extension allows Class A shareholders to continue their investment with an attractive distribution rate of 10.2% based on the August 11, 2025 closing price, and the opportunity for capital appreciation.(1) The extension of the term of the Fund is not a taxable event and enables shareholders to def

Related Questions

How will the extension influence the fund’s NAV and potential capital appreciation? Will the term extension affect the fund’s liquidity or trading volume? How might the extension impact the fund’s credit rating or perceived credit risk? How might the market’s perception of the extension affect future funding or partnership opportunities? How will the extension of the maturity date affect the market price and premium/discount of PWI shares? What impact will the announced 10.2% distribution rate have on the fund’s yield relative to peers? How will the future preferred‑share dividend rate be determined and what range can be expected? How does the extended term compare to other closed‑end renewable‑energy funds in terms of risk and return? What is the likelihood of the fund’s management redeeming or buying back shares during the extended term? What are the potential impacts on the fund’s distribution policy and cash flow stability? Will the extension affect the fund’s ability to raise additional capital or issue new shares? How does the extended maturity align with the fund’s underlying asset lifespans and revenue forecasts? What is the expected impact on institutional investor interest and ownership concentration? What are the potential scenarios if market yields for similar preferred shares change dramatically before the new maturity date? What are the tax implications for shareholders holding Class A or Preferred Shares?