Riverstone Cred Regulatory News (RCOI)

Riverstone Credit Opportunities Income Plc

Portfolio Update

London, UK 10 June 2021: Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") has announced it has the below update and has additionally realised one investment:

Riverstone-related Shareholdings' Update

Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") has been notified that Pierre F. Lapeyre, Jr. sold 2,597,680 ordinary shares, David M. Leuschen sold 2,576,669 ordinary shares, and Riverstone Holdings LLC sold 1,711,132 ordinary shares in the Company. These shares are part of the significant investment made by Riverstone at the time of the IPO and the sales were made in response to increased investor demand, facilitating the company's planned strategy to increase shares available to third party investors. Christopher Abbate and Jamie Brodsky, the key principals at Riverstone Credit Partners, still own all of their ordinary shares and collectively the credit team owns 2,353,900 ordinary shares or 2.6% of the shares outstanding.

Realisation

§ Project Alp Realisation - In June 2019, RCOI committed $13.3 million to a sponsor-backed E&P company with operations focused in the Northern Delaware Basin of New Mexico. In December 2020, RCOI sold 40% of the loan to a third-party, and subsequently, RCOI entered a contract with a trade date of 19 May 2021 to sell the remainder of the loan to a separate third-party. The sale is expected to close the middle of June, resulting in approximately a 19.7% realised IRR and approximately a 1.21x realised MOIC.

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.

Media Contacts

For Riverstone Credit Opportunities Income Plc:

Jingcai Zhu

+1 212 271 6261