Filed by Decarbonization Plus Acquisition Corporation III
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Decarbonization Plus Acquisition Corporation III
Commission File No.: 001-40284
Date: August 17, 2021
The following press
release was issued by Riverstone Energy Limited, an affiliate of Decarbonization Plus Acquisition Sponsor III LLC, on August 17, 2021. Decarbonization Plus Acquisition Sponsor III LLC is the sponsor of Decarbonization Plus Acquisition
Corporation III.
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Press release
RNS Number : 8165I
Riverstone Energy Limited
17 August 2021
LEI: 213800HAZOW1AWRSZR47
Riverstone Energy Limited Purchases
Interest in a Samsung Ventures Portfolio
London, UK (17 August 2021). Riverstone Energy Limited (REL) has purchased an interest in one of
Samsung Ventures battery technology focused venture capital portfolios (the Samsung Portfolio) for $30.0 million. The remaining interest was purchased by Riverstone affiliates for $3.0 million. The Samsung Portfolio
consists of seven unrealised investments with the majority of value deriving from over 1.66 million shares of Solid Power, Inc (Solid Power).
On 15 June 2021, Solid Power, an industry-leading producer of all-solid-state rechargeable batteries for electric
vehicles and mobile power markets, announced a merger with Decarbonization Plus Acquisition Corporation III (DCRC). REL owns founder shares and warrants in DCRC and has a commitment to purchase $20 million of DCRC common stock in a
private placement transaction at $10 per share. Assuming $10 per share of DCRC common stock, the Samsung Portfolios Solid Power shares would be valued at approximately $64 million.
This investment, along with the recent decarbonisation investments in Decarbonization Plus Acquisition Corporation II, III & IV, FreeWire
Technologies, GoodLeap (formerly Loanpal) and Hyzon Motors, demonstrates RELs continued efforts to increase its exposure to the global energy transition thematic while also providing the opportunity to create value for its shareholders.
About Riverstone Energy Limited:
REL is a closed-ended
investment company that invests exclusively in the global energy industry across all sectors. REL aims to capitalise on the opportunities presented by Riverstones energy investment platform. RELs ordinary shares are listed on the London
Stock Exchange, trading under the symbol RSE. Following this investment in the Samsung Portfolio, REL has 14 active investments spanning decarbonisation, oil and gas, renewable energy and power in the Continental U.S., Western Canada, Gulf of Mexico
and Europe.
For further details, see www.RiverstoneREL.com
About Riverstone Holdings LLC:
Riverstone is an energy and power-focused private investment firm founded in 2000 by David M. Leuschen and Pierre F. Lapeyre, Jr. with approximately US$41 billion of capital raised. Riverstone conducts buyout and growth capital
investments in the E&P, midstream, oilfield services, power, and renewable sectors of the energy industry. With offices in New York, London, Houston, Mexico City, Amsterdam and Menlo Park, Riverstone has committed nearly US$43 billion to
more than 200 investments in North America, Latin America, Europe, Africa, Asia, and Australia.
For further details, see www.RiverstoneLLC.com