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  5. Riverstone Energy expects Anuvia investment to be written down to zero

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Share Price Information for Riverstone Energy (RSE)

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Share Price: 804.00
Bid: 804.00
Ask: 810.00
Change: 2.00 (0.25%)
Spread: 6.00 (0.746%)
Open: 802.00
High: 820.00
Low: 802.00
Prev. Close: 802.00
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Riverstone Energy is an Investment Trust

To achieve superior risk adjusted after tax returns by making privately negotiated investments in the E&P, midstream, services and power sectors.

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Riverstone Energy expects Anuvia investment to be written down to zero

Tue, 11th Jul 2023 09:39

Riverstone Energy Ltd - US, Canada, Europe and Australia-focused investment company based in Guernsey - Says portfolio company Anuvia Plant Nutrients Inc has ceased operations and is in liquidation. Adds that its investment of USD20 million made in March 2022 had been written down to USD14 million at the end of the first quarter. Expects investment to be written down to nothing in the upcoming second-quarter portfolio valuation.

Current stock price: 517.94, down 4.8% on Tuesday

12-month change: down 7.4%

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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