Aquila European Renewables Income Dividend Declaration (2900F)

TIDMAERS TIDMAERI

RNS Number : 2900F

Aquila European Renewables Income

04 November 2022

4 November 2022

Aquila European Renewables Income Fund plc

Dividend Payment

The Board of Aquila European Renewables Income Fund plc ("AERIF" or the "Company") is pleased to declare a third interim dividend for the year to 31 December 2022 of 1.3125 cents per Ordinary share. Of this amount, 0.79 cents per ordinary share will be designated as an interest distribution. The dividend will be paid on 2 December 2022 to shareholders who appear on the register on 18 November 2022. The Company's Ordinary shares will be marked ex-dividend on 17 November 2022.

Shareholders should note that the default payment currency is Euro, however, shareholders can elect to have their dividends paid in Sterling. The last day for currency elections to be registered is 22 November 2022. Currency elections should be submitted via CREST in the usual manner. Certificated shareholders can access a currency election form via the Registrar's website at www.investorcentre.co.uk . The Sterling dividend rate will be announced in due course.

For further details contact:

Media contacts

Edelman Smithfield

Ged Brumby 07540-412301

Kanayo Agwunobi 07581-010560

Sponsor, Broker and Placing Agent

Numis Securities 020 7260 1000

Tod Davis

David Benda

Vicki Paine

NOTES

The objective of the Aquila European Renewables Income Fund Plc (the Company) is to provide investors with an attractive long-term, income-based return in EUR through a diversified portfolio of wind, solar PV and hydropower investments across continental Europe and Ireland. Through the diversification of generation technologies, the seasonal production patterns of these asset types complement each other to balance the cash flow, while the geographic diversification serves to reduce exposure to one single energy market. In addition, a balance is maintained between government supported revenues, fixed price power purchase agreements (PPAs) and market power price risk.

www.aquila-european-renewables-income-fund.com

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