REG - Riverstone Credit - Portfolio Update

Riverstone Credit Opportunities IncomeAnnouncement

16/05/2022 07:00

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RNS Number : 4918L  Riverstone Credit Opps. Inc PLC  16 May 2022

Riverstone Credit Opportunities Income Plc
 
Portfolio Update
 

London, UK 16 May 2022: Riverstone Credit Opportunities Income Plc ("RCOI" or
the "Company") has announced the successful upsize of the following
investment:

§ Streamline Innovations, Inc.- On 23 November 2021, RCOI participated in a
$20.0 million first lien delayed-draw term loan to a sponsor-backed leader in
environmentally-advanced treatment solutions and equipment for hydrogen
sulfide (H(2)S) in energy, renewable fuels, wastewater, landfill gas, biogas,
and industrial processes.  On 10(th) May 2022, RCOI participated in a $25.0
million upsize of the investment, which now qualifies as a green loan,
bringing the total loan size to $45.0 million and the total committed by RCOI
to $13.8 million. As part of the upsize, Sustainable Fitch provided a Second
Party Opinion ("SPO") on the green loan to Streamline. The SPO verifies the
Term Loan's alignment to the LSTA Green Loan Principles with the transaction
being compliant with the four pillars of the LSTA Green Loan Principles and
aligned with the LSTA category of pollution and prevention.

 

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 also lends to 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.

 

For further details, see https://www.riverstonecoi.com/
(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:

 

Adam Weiss

+1 212 271 2953

 

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