# EDGAR Filing Document

**Accession Number:** 0000355767
**File Stem:** 0000910472-25-004754
**Filing Date:** 2025-11
**Character Count:** 27806
**Document Hash:** c75a998937451e1f6acc67bf45b66135
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-004754.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000910472-25-004754

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEW ALTERNATIVES FUND
- **CENTRAL INDEX KEY:** 0000355767

**ORGANIZATION NAME:**
- **EIN:** 112542789
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03287
- **FILM NUMBER:** 251532660

**BUSINESS ADDRESS:**
- **STREET 1:** 150 BROADHOLLOW ROAD
- **STREET 2:** SUITE PH 02
- **CITY:** MELVILLE
- **STATE:** NY
- **ZIP:** 11747
- **BUSINESS PHONE:** 6314237373

**MAIL ADDRESS:**
- **STREET 1:** 150 BROADHOLLOW ROAD
- **STREET 2:** SUITE PH 02
- **CITY:** MELVILLE
- **STATE:** NY
- **ZIP:** 11747

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEW ALTERNATIVES FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SOLAR & ALTERNATIVE ENERGY FUND INC
- **DATE OF NAME CHANGE:** 19820823

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SOLAR FUND INC
- **DATE OF NAME CHANGE:** 19820623

## Series and Classes Contracts Data

### NEW ALTERNATIVES FUND (Series ID: S000004915)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000013290 | CLASS A SHARES  | NALFX           |
| C000146229 | Investor Shares | NAEFX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| |  | **Shares** | **Fair Value** |
| **COMMON STOCKS — 93.9%** | **COMMON STOCKS — 93.9%** |  |  |
| **Alternate Energy- 33.4%**<br> **Renewable Energy Power Producers & Developers – 26.8%** | **Alternate Energy- 33.4%**<br> **Renewable Energy Power Producers & Developers – 26.8%** |  | |
| Acciona S.A. (Spain) |  | 80000 | &nbsp;&nbsp;&nbsp; $16050716 |
| Boralex, Inc. (Canada) |  | 125000 | &nbsp;&nbsp;&nbsp; 2440799 |
| Brookfield Renewable Corporation (Canada) |  | 450000 | &nbsp;&nbsp;&nbsp; 15489000 |
| Clearway Energy, Inc., Class A |  | 500000 | &nbsp;&nbsp;&nbsp; 13465000 |
| Contact Energy Ltd. (New Zealand) |  | 378950 | &nbsp;&nbsp;&nbsp; 1999330 |
| EDP Renovaveis S.A. (Spain/Portugal) |  | 836000 | &nbsp;&nbsp;&nbsp; 10992252 |
| Northland Power, Inc. (Canada) |  | 325000 | &nbsp;&nbsp;&nbsp; 5420350 |
| Orsted A/S (Denmark) | <sup>(a),(b)</sup> | 100000 | &nbsp;&nbsp;&nbsp; 1785860 |
| XPLR Infrastructure, L.P. |  | 500000 | &nbsp;&nbsp;&nbsp; 5085000 |
|  |  |  | &nbsp;&nbsp; 72728307 |
| **Solar Photovoltaic– 3.3%** | **Solar Photovoltaic– 3.3%** |  |  |
| Array Technologies, Inc. | <sup>(a)</sup> | 50000 | &nbsp;&nbsp;&nbsp; 407500 |
| Canadian Solar, Inc. (Canada) | <sup>(a)</sup> | 100000 | &nbsp;&nbsp;&nbsp; 1304000 |
| Enphase Energy, Inc. | <sup>(a)</sup> | 25000 | &nbsp;&nbsp;&nbsp; 884750 |
| First Solar, Inc. | <sup>(a)</sup> | 20000 | &nbsp;&nbsp;&nbsp; 4410600 |
| NEXTracker, Inc., Class A | <sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp; 1849750 |
|  |  |  | &nbsp;&nbsp; 8856600 |
| **Wind Turbines– 3.3%** | **Wind Turbines– 3.3%** |  |  |
| GE Vernova, LLC |  | 10000 | &nbsp;&nbsp;&nbsp; 6149000 |
| Vestas Wind Systems A/S (Denmark) |  | 150000 | &nbsp;&nbsp;&nbsp; 2826236 |
|  |  |  | &nbsp;&nbsp; 8975236 |
| **Total Alternate Energy** |  |  | &nbsp;&nbsp;&nbsp; 90560143 |
| **Energy Conservation – 10.3%** | **Energy Conservation – 10.3%** |  |  |
| Carrier Global Corp. |  | 50000 | &nbsp;&nbsp;&nbsp; 2985000 |
| Johnson Controls International plc (Ireland) |  | 50000 | &nbsp;&nbsp;&nbsp; 5497500 |
| Owens Corning, Inc. |  | 25000 | &nbsp;&nbsp;&nbsp; 3536500 |
| Signify N.V. (Netherlands)<sup>(b)</sup> |  | 325000 | &nbsp;&nbsp;&nbsp; 8508453 |
| Trane Technologies plc (Ireland) |  | 17500 | &nbsp;&nbsp;&nbsp; 7384300 |
|  |  |  | &nbsp;&nbsp; 27911753 |
| **Energy Management– 12.9%** | **Energy Management– 12.9%** |  |  |
| ABB Ltd. – ADR (Switzerland) |  | 50000 | &nbsp;&nbsp;&nbsp; 3597500 |
| Ameresco, Inc., Class A<sup>(a)</sup> |  | 30000 | &nbsp;&nbsp;&nbsp; 1007400 |
| Schneider Electric S.E. (France) |  | 12500 | &nbsp;&nbsp;&nbsp; 3486734 |
| Siemens A.G. (Germany) |  | 50000 | &nbsp;&nbsp;&nbsp; 13453862 |
| Terna - Rete Elettrica Nazionale (Italy) |  | 1280000 | &nbsp;&nbsp;&nbsp; 12980324 |
| WESCO International, Inc. |  | 2500 | &nbsp;&nbsp;&nbsp; 528750 |
|  |  |  | &nbsp;&nbsp; 35054570 |

---

---

| | | |
|:---|:---|:---|
| **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 93.9% (Continued)** |  |  |
| **Energy Storage– 0.9%** | | |
| Panasonic Holdings Corp. – ADR (Japan) | 225000 | &nbsp;&nbsp;&nbsp; $2427750 |
| **Natural & Organic Foods– 0.4%** |  |  |
| Sprouts Farmers Market, Inc. <sup>(a)</sup> | 10000 | &nbsp;&nbsp;&nbsp; 1088000 |
| **Recycling & Waste Management– 0.4%** |  |  |
| Sims Ltd. – ADR (Australia) | 125000 | &nbsp;&nbsp;&nbsp; 1105690 |
| **Sustainable Energy Financial Services– 6.0%** |  |  |
| Hannon Armstrong Sustainable Infrastructure Capital, Inc. REIT | 525000 | &nbsp;&nbsp;&nbsp; 16117500 |
| **Transportation– 3.3%** |  |  |
| BYD Company Ltd. – ADR (China) | 600000 | &nbsp;&nbsp;&nbsp; 8454000 |
| Shimano, Inc. – ADR (Japan) | 50000 | &nbsp;&nbsp;&nbsp; 556000 |
|  |  | &nbsp;&nbsp; 9010000 |
| **Utilities – 19.5%** |  |  |
| American Water Works Co., Inc. | 25000 | &nbsp;&nbsp;&nbsp; 3479750 |
| EDP - Energias de Portugal S.A. (Portugal) | 750000 | &nbsp;&nbsp;&nbsp; 3554532 |
| Enel SpA (Italy) | 1400000 | &nbsp;&nbsp;&nbsp; 13257103 |
| Hydro One Ltd. (Canada) | 125000 | &nbsp;&nbsp;&nbsp; 4460275 |
| Iberdrola S.A. (Spain) | 800000 | &nbsp;&nbsp;&nbsp; 15125616 |
| Infratil Ltd. (New Zealand) | 1800000 | &nbsp;&nbsp;&nbsp; 12888451 |
|  |  | &nbsp;&nbsp; 52765727 |
| **Water Systems– 6.8%** | **Water Systems– 6.8%** |  |
| Mueller Water Products, Inc. - Series A | 10000 | &nbsp;&nbsp;&nbsp; 255200 |
| Veolia Environnement S.A. (France) | 425000 | &nbsp;&nbsp;&nbsp; 14459380 |
| Xylem, Inc. | 25000 | &nbsp;&nbsp;&nbsp; 3687500 |
|  |  | &nbsp;&nbsp; 18402080 |
| **Total Common Stock (Cost $197,873,941)** |  | &nbsp;&nbsp;&nbsp; 254443213 |
|  | **Par** | **Fair Value** |
| **CERTIFICATE OF DEPOSIT — 0.1%** |  |  |
| **Socially Concerned Banks - 0.1%** |  |  |
| Alternatives Federal Credit Union 4.00% due 03/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$210869 | &nbsp;&nbsp;&nbsp; $210869 |
| Self Help Credit Union 3.80% due 12/30/25 | 100000 | &nbsp;&nbsp;&nbsp; 100000 |
| **Total Certificate of Deposit (Cost $310,869)** |  | &nbsp;&nbsp; 310869 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** | **NEW ALTERNATIVES FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| | | **Shares** | <br> **Strike Price** | **Expiration**<br> **Date** | **Fair Value** |
| | **RIGHT — 0.6%** | **RIGHT — 0.6%** | **RIGHT — 0.6%** | **RIGHT — 0.6%** | **RIGHT — 0.6%** |
| | **Renewable Energy Power Producers & Developers — 0.6%** | **Renewable Energy Power Producers & Developers — 0.6%** |  |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orsted A/S<sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | $6.33 | &nbsp;&nbsp;&nbsp;10/03/2025 | &nbsp;&nbsp;&nbsp; $1493328 |
|  | **TOTAL RIGHT (Cost $6,165,021)** | **TOTAL RIGHT (Cost $6,165,021)** |  |  | &nbsp;&nbsp;&nbsp; 1493328 |
|  | **TOTAL INVESTMENTS - 94.6% (Cost $204,349,831)** | **TOTAL INVESTMENTS - 94.6% (Cost $204,349,831)** |  |  | &nbsp;&nbsp;&nbsp; $256247410 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 5.4%** | **OTHER ASSETS IN EXCESS OF LIABILITIES- 5.4%** |  |  | &nbsp;&nbsp; 14775477 |
|  | **NET ASSETS - 100.0%** |  |  |  | &nbsp;&nbsp; $271022887 |
| <sup>(a)</sup> | Non-income producing security. | Non-income producing security. | Non-income producing security. |  |  |
| <sup>(b)</sup> | Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2025 the total market value of 144A securities is $10,294,313 or 3.8% of net assets. | Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2025 the total market value of 144A securities is $10,294,313 or 3.8% of net assets. | Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2025 the total market value of 144A securities is $10,294,313 or 3.8% of net assets. |  |  |
| <sup>(c)</sup> | Illiquid Security. | Illiquid Security. | Illiquid Security. |  |  |

---

A/S - Aktieselskab

ADR -American Depositary Receipts

LP -Limited Partnership

N.V. -Naamloze Vennootschap

REIT -Real Estate Investment Trust

PLC -Public Limited Company

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** New Alternatives Fund

- **b. Investment Company Act file number:** 811-03287

- **c. CIK number of Registrant:** 0000355767

- **d. LEI of Registrant:** 5493003ZP2VPP1T7T708

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 150 Broadhollow Road

  - **City:** Melville

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 11747

  - **Telephone number:** 631-423-7373

**Item A.2. Information about the Series.**

- **a. Name of Series:** New Alternatives Fund

- **b. EDGAR series identifier (if any):** S000004915

- **c. LEI of Series:** 5493003ZP2VPP1T7T708

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $271414867.30

**Total Liabilities:** $391980.53

**Net Assets:** $271022886.77

**Cash Not Reported:** $2850445.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000146229 | 1.12%                | 0.25%                | 2.07%                |
| Class ID C000013290 | 1.15%                | 0.27%                | 2.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $26949.19                | $1795552.54                                |
| Month 2  | $3053102.48              | $-2453167.71                               |
| Month 3  | $960646.42               | $4457229.13                                |

### Schedule of Portfolio Investments

| Name                                      | Title                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Enphase Energy Inc                        | ENPHASE ENERGY         | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     25000 | NS      | $884750.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel S.p.A.                               | ENEL SPA               | CUSIP: T3679P115<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |   1400000 | NS      | $13257102.61  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement S.A.                 | VEOLIA ENVIRONNE       | CUSIP: F9686M107<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |    425000 | NS      | $14459380.14  | 5.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Markets Inc               | SPROUTS FARMERS        | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |     10000 | NS      | $1088000.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesco International, Inc.                 | WESCO INTL             | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      2500 | NS      | $528750.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP Renovaveis SA                         | EDP RENOVAVEIS S       | CUSIP: E3847K101<br>LEI: 529900MUFAH07Q1TAX06 | Long             | EC               | CORP              | ES        |    836000 | NS      | $10992251.70  | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimano Inc.                              | SHIMANO INC-ADR        | CUSIP: 82455C101<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |     50000 | NS      | $556000.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Orsted A/S                                | ORSTED A/S RIGHTS      | CUSIP: K7507F107<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | EC               | CORP              | DK        |   1500000 | NS      | $1493328.38   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Trane Technologies PLC                    | TRANE TECHNOLOGI       | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     17500 | NS      | $7384300.00   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| TERNA - Rete Elettrica Nazionale S.p.A.   | TERNA-RETE ELETT       | CUSIP: T9471R100<br>LEI: 8156009E94ED54DE7C31 | Long             | EC               | CORP              | IT        |   1280000 | NS      | $12980324.02  | 4.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                               | XYLEM INC              | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     25000 | NS      | $3687500.00   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola, S.A.                           | IBERDROLA SA           | CUSIP: E6165F166<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    800000 | NS      | $15125616.34  | 5.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd.                                  | ABB LTD-ADR            | CUSIP: 000375204<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |     50000 | NS      | $3597500.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Solar Inc                        | CANADIAN SOLAR I       | CUSIP: 136635109<br>LEI: 5493001XSC6TKMBVOM15 | Long             | EC               | CORP              | CA        |    100000 | NS      | $1304000.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Infratil Ltd.                             | INFRATIL LTD           | CUSIP: Q4933Q124<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |   1800000 | NS      | $12888450.83  | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd.                               | BYD CO-UNSP ADR        | CUSIP: 05606L100<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    600000 | NS      | $8454000.00   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Corporation          | BROOKFIELD RENEW       | CUSIP: 11285B108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    450000 | NS      | $15489000.00  | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                     | SCHNEIDER ELECTR       | CUSIP: F86921107<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     12500 | NS      | $3486733.98   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                           | FIRST SOLAR INC        | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     20000 | NS      | $4410600.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corporation                | CARRIER GLOB           | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     50000 | NS      | $2985000.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Northland Power Inc.                      | NORTHLAND POWER        | CUSIP: 666511100<br>LEI: 549300IT8CIDW8V5KX72 | Long             | EC               | CORP              | CA        |    325000 | NS      | $5420350.00   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sims Ltd.                                 | SIMS METAL MANAG       | CUSIP: Q8505L116<br>LEI: 5493002YM7ZHVDMFC916 | Long             | EC               | CORP              | AU        |    125000 | NS      | $1105689.71   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc | HA SUSTAINABLE I       | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |    525000 | NS      | $16117500.00  | 5.95%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP SA                                    | EDP                    | CUSIP: X67925119<br>LEI: 529900CLC3WDMGI9VH80 | Long             | EC               | CORP              | PT        |    750000 | NS      | $3554531.58   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                       | CLEARWAY ENERGY INC-A  | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |    500000 | NS      | $13465000.00  | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                       | Self Help Credit Union | CUSIP: 999358914<br>LEI: N/A                  | Long             | STIV             |  | US        |    100000 | PA      | $100000.00    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| XPLR Infrastructure LP                    | XPLR INFRASTRUCT       | CUSIP: 65341B106<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | EC               | CORP              | US        |    500000 | NS      | $5085000.00   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Boralex Inc                               | BORALEX INC -A         | CUSIP: 09950M300<br>LEI: 5493004UT7HNQU2SVR90 | Long             | EC               | CORP              | CA        |    125000 | NS      | $2440799.17   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Acciona SA                                | ACCIONA SA             | CUSIP: E0008Z109<br>LEI: 54930002KP75TLLLNO21 | Long             | EC               | CORP              | ES        |     80000 | NS      | $16050716.13  | 5.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Orsted A/S                                | ORSTED A/S             | CUSIP: K7653Q105<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | EC               | CORP              | DK        |    100000 | NS      | $1785860.33   | 0.66%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Vestas Wind Systems AS                    | VESTAS WIND SYST       | CUSIP: K9773J201<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |    150000 | NS      | $2826236.03   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                             | OWENS CORNING          | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     25000 | NS      | $3536500.00   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                | SIEMENS AG-REG         | CUSIP: D69671218<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     50000 | NS      | $13453862.41  | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Technologies Inc                    | ARRAY TECHNOLOGI       | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     50000 | NS      | $407500.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameresco Inc                              | AMERESCO INC-A         | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |     30000 | NS      | $1007400.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Panasonic Holdings Corp.                  | PANASONIC HOLDIN       | CUSIP: 69832A304<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |    225000 | NS      | $2427750.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                       | Alt Fed Credit Union   | CUSIP: 999328503<br>LEI: N/A                  | Long             | STIV             |  | US        |    210869 | PA      | $210868.88    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BBH                                       | BBH SWEEP VEHICLE      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  11677791 | PA      | $11677790.90  | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextracker Inc.                           | NEXTRACKER-CL A        | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $1849750.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products, Inc.              | MUELLER WATER-A        | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     10000 | NS      | $255200.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Contact Energy Ltd                        | Contact Energy Ltd     | CUSIP: Q2818G104<br>LEI: 549300FT5JOXS1PZ1I32 | Long             | EC               | CORP              | NZ        |    378950 | NS      | $1999330.36   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                           | GE VERNOVA LLC         | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     10000 | NS      | $6149000.00   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hydro One Ltd                             | HYDRO ONE LTD          | CUSIP: 448811208<br>LEI: 5493007QZDXTP1W2VL44 | Long             | EC               | CORP              | CA        |    125000 | NS      | $4460275.25   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Signify NV                                | SIGNIFY NV             | CUSIP: N8063K107<br>LEI: 549300072P3J1X8NZO35 | Long             | EC               | CORP              | NL        |    325000 | NS      | $8508452.69   | 3.14%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Johnson Controls International PLC        | JOHNSON CONTROLS       | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     50000 | NS      | $5497500.00   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.        | AMERICAN WATER W       | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     25000 | NS      | $3479750.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** New Alternatives Fund

**Signature:** Kate Don Angelo

**Name of Signer:** Kate Don Angelo

**Title:** Treasurer