25th Feb 2026 16:45
(Alliance News) - Riverstone Credit Opportunities Income PLC on Wednesday announced a compulsory share redemption to return nearly USD11 million to shareholders, and said it was pleased with the progress of its wind-down.
The energy infrastructure and energy-transition credit investor said its third compulsory partial redemption is priced at 89 US cents per share for up to 12.1 million shares, or approximately 25% of its issued share capital, returning a further USD10.8 million to investors.
Riverstone also declared a dividend of 1.11 cents per share for the fourth quarter ended December 31.
This was alongside the company's 2025 results. It reported a net asset value per share of 89 US cents, which it matched for the compulsory share redemption, down from 92 cents at the same time one year prior.
Shares in Riverstone Credit were 2.7% higher at 75 US cents on Wednesday afternoon in London.
Dividend distributions during 2025 totalled 4.19 cents, down on-year from 4.72 cents.
"We are pleased with the ongoing progress of the company's managed wind down strategy with three successful realisations during 2025 and with the majority of the remaining carrying value concentrated in two investments, representing approximately 80% of the portfolio's residual value," commented Chair Reuben Jeffrey. "We remain focused on continuing to maximise value from the portfolio for shareholders and promptly returning capital, and we look forward to providing further updates on the remaining investments in due course."
Riverstone said it has redeemed approximately 46% of its shares in issue since adopting its managed wind-down strategy in May, 2024.
By Emma Curzon, Alliance News reporter
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