Astatine Fund II portfolio company NRG Riverside completed a transformational refinancing on October 24, 2025. The refinancing strengthens NRG’s ability to invest significantly in its fleet to meet growing customer demand, driven by the introduction of food waste recycling legislation (which requires further specialist vehicle types), as well as further adoption of electric vehicles and continued expansion in other infrastructure vehicle segments (such as gritters and highway maintenance). Details can be found in the release on the company’s website at https://nrgriverside.com/nrg-riverside-completes-transformational-455-million-refinancing/

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