Riverstone

Targa Resources Corp. to acquire Lucid Energy from Riverstone Holdings and Goldman Sachs Asset Management for $3.55bn; provides updated 2022 Standalone Financial Outlook

June 17, 2022

Oil and Gas 360 June 16, 2022 at 4:41 PM EDT- HOUSTON and DALLAS and NEW YORK, June 16, 2022 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) and Lucid Energy Group, a leading privately held natural gas processor in the Permian Basin, announced today a definitive agreement under which a wholly-owned subsidiary of Targa will acquire Lucid Energy Delaware, LLC (“Lucid”) from Riverstone Holdings LLC (“Riverstone”) and Goldman Sachs

Permian Takeaway: PE Making Moves

January 8, 2018

Lucid Energy Group and EnCap Flatrock Midstream have agreed to sell Lucid Energy Group II, LLC to funds owned by Riverstone Holdings LLC and the Goldman Sachs Group Inc. (ticker: GS) for approximately $1.6 billion. The participating investment funds managed by Goldman Sachs MBD are West Street Capital Partners VII, L.P., West Street Global Infrastructure Partners III, L.P., and West Street Energy Partners, L.P.

Power Generators Getting a Lump of Coal this Christmas, says EIA

FERC Approves $5.2 billion Talen Energy-Riverstone Merger

October 21, 2016

Talen-Riverstone merger is awaiting NRC approval The Federal Energy Regulatory Commission (FERC) issued an order approving the proposed merger of Talen Energy Corporation (ticker: TLN) with an affiliate of Riverstone Holdings LLC, a private equity firm. FERC said that the merger would not have a detrimental effect on competitive wholesale power markets but the agency did issue certain conditions. Under

Silver Run Jumps into the Delaware with Acquisition of 89% Interest in Centennial Resources

October 11, 2016

Former EOG CEO Mark Papa completes acquisition of Delaware Basin pure-play Centennial Resources Silver Run Acquisition Corporation announced today that it completed its acquisition of an 89% controlling interest in Centennial Resource Production, a pure-play Delaware Basin company with 42,500 net acres primarily in Reeves and Ward counties, Texas. Silver Run bought Centennial from an affiliate of Riverstone Holdings LLC.

Riverstone Acquires $175 Million Majority Stake in NGP’s Centennial Resource Development

July 8, 2016

Riverstone Energy Limited (ticker: RSE) has signed an agreement alongside other funds affiliated with Riverstone Holdings, LLC to acquire a majority stake in Centennial Resource Development LLC from NGP Energy Capital and certain other related coinvestment funds. The investment by REL is expected to comprise up to US$175 million depending upon approval for the transaction by the other Riverstone affiliated funds. Closing of the transaction is expected to

Targa Resources Corp. to acquire Lucid Energy from Riverstone Holdings and Goldman Sachs Asset Management for $3.55bn; provides updated 2022 Standalone Financial Outlook

Permian Takeaway: PE Making Moves

FERC Approves $5.2 billion Talen Energy-Riverstone Merger

Silver Run Jumps into the Delaware with Acquisition of 89% Interest in Centennial Resources

Riverstone Acquires $175 Million Majority Stake in NGP’s Centennial Resource Development

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