Riverstone Energy Limited (RSE)

Sector:

Investment Firms

Index:

FTSE Small Cap

 811.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 992.00
  • 52 Week Low: 524.00
  • Currency: UK Pounds
  • Shares Issued: 26.97m
  • Volume: 1,782
  • Market Cap: £218.75m

Riverstone makes decarbonisation acquisition

By Josh White

Date: Friday 13 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Riverstone Energy announced an investment of up to $0.6m (£0.43m) in Decarbonization Plus Acquisition Corporation IV (DCRD) on Friday.
The London-listed firm described DCRD as a special purpose acquisition vehicle sponsored by an affiliate of its investment manager, which was seeking to capitalise on the Riverstone platform to identify, acquire and operate a business in industries that could provide opportunities for "attractive risk-adjusted returns" in one of the number sectors focussed on global decarbonisation.

That included the energy and agriculture, industrials, transportation and commercial and residential sectors, the board said.

"Riverstone Energy is a closed-ended investment company that invests exclusively in the global energy industry across all sectors," the board explained in its statement.

"REL aims to capitalise on the opportunities presented by Riverstone's energy investment platform."

The firm has 13 active investments spanning decarbonisation, oil and gas, renewable energy and power in the continental United States, western Canada, the Gulf of Mexico, and Europe.

At 1404 BST, shares in Riverstone Energy were down 0.67% at 393.36p.

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RSE Market Data

Currency UK Pounds
Share Price 811.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 992.00
52 Week Low 524.00
Volume 1,782
Shares Issued 26.97m
Market Cap £218.75m

RSE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.36% above the market average63.36% above the market average63.36% above the market average63.36% above the market average63.36% above the market average
78.45% above the sector average78.45% above the sector average78.45% above the sector average78.45% above the sector average78.45% above the sector average
Price Trend
54.19% above the market average54.19% above the market average54.19% above the market average54.19% above the market average54.19% above the market average
56.44% above the sector average56.44% above the sector average56.44% above the sector average56.44% above the sector average56.44% above the sector average
Income Not Available
Growth
78.29% below the market average78.29% below the market average78.29% below the market average78.29% below the market average78.29% below the market average
75.78% below the sector average75.78% below the sector average75.78% below the sector average75.78% below the sector average75.78% below the sector average

RSE Dividends

No dividends found

Trades for 16-Jul-2024

Time Volume / Share Price
12:49 194 @ 807.99p
09:54 1,588 @ 804.94p

RSE Key Personnel

Chair Richard Horlick

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