Riverstone Credit Opportunities Income PLC - aims to generate returns by making loans to companies in energy sector - Reports successful realisation of project Mirror.
"This deal marks the sixth realisation for RCOI since the beginning of the Covid period, which on aggregate have produced cumulative returns of a 20.4% realised internal rate of return and 1.2 times realised multiple of invested capital. The company is rapidly working to redeploy available capital into a pipeline of new opportunities in the infrastructure, infrastructure services and energy transition sectors," it says.
Current stock price: USD0.86
Year-to-date change: up 25%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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Riverstone Cred (RCOI)