This is an amended version of the 'Interim Report for Six Months Ended 30 June 2022' announcement, released on 11 August 2022 at 07:00:12 under RNS Number: 6367V.  In the Highlights section the NAV total return figure for the period has been corrected to 4.6% which reflects the total return for the six-month period (1.6% reflects the total return for the 2^nd Quarter). No other changes have been made to the announcement.

Riverstone Credit Opportunities Income Plc

Interim Report for Six Months Ended 30 June 2022

High Quality, Diversified Portfolio Delivering Strong, Stable Cash Generation

Riverstone Credit Opportunities Income ("RCOI" or the "Company"), the LSE-listed energy infrastructure and energy-transition credit investor, today announces strong half year results for the six months ended 30 June 2022.

Highlights:

·    Strong cash generation the portfolio continues to support dividend distributions in the Company's target range of 8%

·    High income yield delivered to shareholders with 4 cents per share declared to shareholders calendar year to date, in line with the Company's target representing an annualized dividend yield of 8.8% for 1H 2022

·    Robust valuation as NAV remains stable with all loans performing in line with expectations and delivering income as anticipated

·    High-quality, diversified portfolio with further progress in strategic rebalancing in increasing the portfolio weighting towards the energy transition sector

o  New investment in the period in London listed infrastructure operator Harland & Wolff, structured as a Green Loan following the Green Loan Principles and a Sustainability-Linked Loan with performance indicators focused on social responsibility

o  Successful upsize of RCOI's existing investment in Streamline Innovations, bringing total capital committed by RCOI to $13.8m with Sustainable Fitch providing an SPO on the green loan

o  Three loans realised in the period, delivering an average Gross MOIC of 1.27x

·    Share buy-back program resumes - Re-initiated in the second quarter of 2022 to underline the Board's confidence of the strategy's high performing and differentiated approach and to enhance shareholder value. The Company expects to continue with the program in the near term.

·    NAV total return of 4.6% for the period

·    NAV total return of 25.5% since inception in May 2019, including second quarter of 2022

·    Compelling opportunity pipeline, the Manager is actively screening a number of highly attractive near-term opportunities within the infrastructure, infrastructure services and energy transition sectors, supported by a strong commodity environment backdrop

Quarterly Distribution:

·    RCOI is pleased to announce that the distribution for the quarter ending 30 June 2022 of 2.0 cents per share, has been declared by the Directors, payable on 23 September 2022 to holders of ordinary shares on the register at the close of business on 19 August 2022 (ex-distribution date is 18 August 2022).

·    The Company's Annual Report and Financial Statements and quarterly factsheet will be located on the Company's website, https://www.riverstonecoi.com/.

Reuben Jeffery III, Chairman of RCOI, commented:

"We are delighted to report on another highly robust period for the strategy delivering to our shareholders a stable NAV and high levels of distributed income in line with the targeted 8% yield per annum paid quarterly. Supporting this distribution are high levels of income derived from a quality credit portfolio delivering compelling risk adjusted returns with diverse counterparties in the infrastructure, infrastructure services and energy transition sectors.

Since launch in 2019, the Company is proud to have delivered a total NAV return of 25.5% including 20.6 cents per share in dividend distributions, including the second quarter of 2022. Within the last period alone, the Company's three realised investments delivered an average Gross MOIC of 1.27x. This consistently attractive return profile combined with the manager's track record of zero credit losses forms a compelling track record of value creation for the strategy. We do not believe this attractive track record is reflected in RCOI's current share price valuation, currently trading at a 16% discount to NAV and will continue a share buyback programme to demonstrate our confidence in the strategy."

Christopher Abbate and Jamie Brodsky, Co-Founders of Riverstone Credit, the investment adviser, added:

"The first half of 2022 represents another strong six months of portfolio performance and we are pleased to see the investments continue to perform in line with our expectations and deliver a reliable source of regular income for the Company and its shareholders. In addition to our work in managing the existing portfolio, we also deployed capital in a new loan with London listed Harland & Wolff and upsized the Company's existing loan to Streamline Innovations.

We are actively progressing a pipeline of new opportunities across our target sectors with compelling risk adjusted opportunities arising in the target sector in particular and we look forward to updating shareholders further in due course."

For Riverstone Credit Opportunities Income Plc:

Adam Weiss

+1 212 271 2953

For Media Enquiries:

Buchanan

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/.

Neither the contents of RCOI's website nor the contents of any website accessible from hyperlinks on the website (or any other website) is incorporate into, or forms part of, this announcement.