Skyline Clean Energy Fund Announces Unit Value Increase

[Guelph, Ontario – July 1, 2024]

Skyline Clean Energy Fund (“the Fund”), a $410+ MM Guelph, Ontario-based equity investment vehicle focused on renewable infrastructure assets, has announced an increase to its Unit Value.

Effective July 1, 2024, the Fund’s Board of Trustees has approved a 3.0% increase in Unit Value for the Fund’s Class A, Class F, and Class I Units from $16.49 to $16.98.

“Despite the economic uncertainties of the past year, Skyline Clean Energy Fund has continued to achieve strong, consistent returns for its Unitholders and has demonstrated strong performance and stability, translating to an increase in the Fund’s Unit Value,” said Rob Stein, President, Skyline Clean Energy Fund.

“Skyline Clean Energy Fund remains committed to enhancing yields through diligent asset management and strategic investment into the solar and biogas industries, selectively pursuing assets that align with our strategic objectives and targeted returns.”

Launched in 2018, the Fund’s portfolio now comprises 83 clean energy assets totaling 98.41 MW/DC¹ in size.²

Skyline Clean Energy Fund reports its annualized returns quarterly.³ As at July 1, 2024, its annualized returns are as follows:

• 1-year: 9.45%
• 3-year: 10.07%
• 5-year: 9.06%
• Since Inception (2018): 9.09%

Skyline Clean Energy Fund’s Class A Units are available through Skyline Wealth Management, a Canadian investment firm and the preferred Exempt Market Dealer for the Fund.

Class F Units (SKY2018) and Class I Units (SKY2018I) for the Fund are available for purchase through Fundserv.

¹ MW/DC: Megawatt of direct current energy; a unit measurement of the output of power.
² As at March 31, 2024.
³ The annualized return is based on a single unit initial investment in Skyline Clean Energy Fund inclusive of unit price changes and reinvested distributions.

About Skyline Clean Energy Fund

Skyline Clean Energy Fund (“SCEF”) is a privately owned and managed portfolio of medium to large scale clean energy assets, focused on acquiring income-producing assets across Canada, under long-term government contracts.

SCEF is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth Management”), the preferred Exempt Market Dealer for SCEF. It is also available on Fundserv (Code: SKY2018).

SCEF is committed to surfacing value to its investors through asset monitoring and optimization, while providing a sustainable investment product based in clean, renewable energy.

To learn more about SCEF and its asset manager, Skyline Energy, please visit SkylineEnergy.ca.

To learn about additional alternative investment products offered through Skyline Wealth Management, please visit SkylineWealthManagement.ca.

Skyline Clean Energy Fund is operated and managed by Skyline Group of Companies.

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