11 November 2022

Riverstone Credit Opportunities Income Plc

Proposed Debt Refinancing of Harland & Wolff

Riverstone Credit Opportunities Income ("RCOI" or the "Company"), the LSE-listed energy infrastructure and energy-transition credit investor, notes the announcement published on 9 November by Harland & Wolff Group Holdings PLC ("Harland & Wolff"), a London-listed company focused on strategic infrastructure projects, that it has entered into an exclusive term sheet with Astra Asset Management ("Astra") for the proposed refinancing of Harland & Wolff's credit lines.

Completion of the arrangements envisaged by the term sheet with Astra would result in a full and attractive refinancing of the first lien green term loan initially funded by Riverstone Credit Partners in March 2022. RCOI has to date committed $14.1 million of the current $56 million loan.

The Company looks forward to providing a further update in due course.

Jamie Brodsky, Co-Head of Riverstone Credit, the Company's Investment Manager said:

"We were pleased to see the dual announcements from Harland & Wolff and Astra regarding the expected refinancing of Riverstone's credit facility. Consistent with our stated strategy of providing attractive development capital to dynamic companies with the expectation of refinancing events as borrowers mature, we see this as further validation of the progress and potential of Harland & Wolff."

For Riverstone Credit Opportunities Income Plc:

Adam Weiss                                                    +1 212 271 2953

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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.

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.