Riverstone Credit Opportunities Income
Riverstone Credit Opportunities Income Plc
London, UK 16 April 2021: Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") has been informed that Riverstone Credit Opportunities Income Co-investment L.P. (the "Partnership"), an affiliate of Riverstone Holdings LLC ("Riverstone"), has, pursuant to an internal administrative reorganization, distributed to certain Riverstone investment professionals and a Riverstone-controlled vehicle all of the 17,305,924 ordinary shares in Riverstone Credit Opportunities Income plc (the "Company") previously held by the Partnership. Following the reorganisation, the relevant investment professionals and the Riverstone-controlled vehicle hold the relevant ordinary shares in the Company directly (or through nominee accounts), three of whom have reached thresholds as notifiable interests.
About Riverstone Credit Opportunities Income Plc:
RCOI seeks to generate consistent Shareholder returns predominantly in the form of income distributions, principally by making senior secured loans to small and middle-market energy companies, which span conventional energy as well as low carbon and renewable sources. The investment strategy is predicated on asset-based lending, with conservative loan-to-value ratios and structural protective features to mitigate risk. The Company will invest broadly across energy subsectors globally, with a primary focus on infrastructure businesses and going forward those with de-carbonization strategies in North America. RCOI intends to create a diversified portfolio across various energy subsectors, commodity exposures, technologies and end-markets to provide natural synergies that aim to enhance the overall stability of the portfolio.
For further details, see https://www.riverstonecoi.com/.
Neither the contents of RCOI's website nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.
For Riverstone Credit Opportunities Income Plc: