Riverstone Credit Opportunities Income Plc
("RCOI"
or the "Company")
Quarterly
Dividend Declaration
The Directors of Riverstone Credit
Opportunities Income ("RCOI" or the "Company"), the LSE-listed
energy infrastructure and energy-transition credit investor,
have declared a distribution for the quarter
ending 31 March 2024 of 2.0 cents per share, payable on 21 June
2024 to holders of Ordinary Shares on the register at the close of
business on 7 June 2024 (ex-distribution date is 6 June
2024).
Any such dividend payment to
Shareholders may take the form of either dividend income or
"qualifying interest income" which may be designated as an interest
distribution for UK tax purposes and therefore subject to the
interest streaming regime applicable to investment trusts. Of this
dividend declared of 2.0 cents per share, 0.4933 cents is declared
as dividend income with 1.5067 cents treated as qualifying interest
income.
Reuben Jeffery III, Chairman of RCOI
commented:
"RCOI is pleased to declare a
dividend of 2c in respect of the first quarter of the current year.
Following yesterday's Annual General Meeting ("AGM") the Company
has now commenced a Managed Wind-Down and future distributions will
be made in that context."
For Riverstone Credit
Opportunities Income Plc:
Adam Weiss
+1 212 271
2953
Media Contacts:
Buchanan
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Helen Tarbet
Henry Wilson
Verity Parker
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Tel: +44 (0) 20 7466 5109
Tel: +44 (0) 20 7466 5111
Tel: +44 (0) 20 7466 5197
Email: rcoi@buchanan.uk.com
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About Riverstone Credit
Opportunities Income Plc:
RCOI lends to companies that build
and operate the infrastructure used to generate, transport, store
and distribute both renewable and conventional sources of energy,
and companies that provide services to that infrastructure. RCOI is
strategically repositioning towards companies seeking to facilitate
the energy transition by decarbonizing the energy, industrial and
agricultural sectors, building sustainable infrastructure and
reducing or sequestering carbon emissions. The Company seeks to
ensure that its investments are having a positive impact on climate
change by structuring each deal as either a green loan or a
sustainability-linked loan, documented using industry best
practices.
As previously announced, on January
2, Riverstone Holdings LLC, and their affiliate Riverstone
Investment Group (collectively, "Riverstone") entered into a sub
management agreement for RCOI with Breakwall Capital LP.
Breakwall is an independent asset manager regulated by the SEC as a
Registered Investment Advisor. It is owned and operated by the
former members of the Riverstone Credit Partners team.
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.