Riverstone Nabs Lucid Energy's Natural Gas Assets in Delaware Basin for $1.6 Billion

SUGAR LAND--January 9, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Riverstone Holdings LLC (Houston, Texas), along with investment funds managed by The Goldman Sachs Group Incorporated (NYSE:GS) (New York City, New York), has purchased Lucid Energy Group's (Dallas, Texas) subsidiary in the Delaware Basin for about $1.6 billion. The deal is expected to close in first-quarter 2018. Industrial Info is tracking $4.7 billion in active projects involving Riverstone and $505 million worth involving Lucid.

Within this article: Details on some of the highest-valued projects involving Lucid and Riverstone, including some of Lucid's assets in the Delaware Basin and Riverstone's efforts in renewable generation.