Riverstone Holdings LLC

Streamline Innovations Announces Sustainability-Linked Loan Financing with Riverstone Credit Partners to Fund Growth and Meet Increasing Demand

Retrieved on: 
Thursday, December 2, 2021
Other Energy, Oil, Gas, Environment, Finance, Energy, Professional Services, Technology, Other Technology, Senior, Environment, Technology, Riverstone, Corrosion, Data collection, ESG, Economics, Funding, Inhalation, Solution, Riverstone Holdings, Plant, Hydrogen sulfide, Valkyrie, LLC, Organization, H2S, Water, Information economy, Decatur County Industrial Air Park, Innovation, Acid rain, Partner, Accident, Growth, SO2, Company, Renewable energy, Coal, Sulfur, Streamline Innovations, Riverstone Holdings LLC, STREAMLINE INNOVATIONS, RIVERSTONE HOLDINGS LLC

The Financing is a Delayed Draw Term Loan and is structured as a Sustainability-Linked Loan to facilitate and support environmentally sustainable economic activity and growth.

Key Points: 
  • The Financing is a Delayed Draw Term Loan and is structured as a Sustainability-Linked Loan to facilitate and support environmentally sustainable economic activity and growth.
  • Proceeds from the Financing will be used to construct Valkyrie plants for treating natural gas production streams contaminated with toxic and corrosive H2S.
  • The Financing is being provided by Riverstone Credit Partners, LLC, a dedicated credit investment platform focused on energy, power, decarbonization, and infrastructure managed by Riverstone Holdings LLC (Riverstone).
  • Chris Abbate, a Partner at Riverstone, said, We are pleased to partner with Streamline to expand their Valkyrie treatment plant footprint.

Blackbuck Resources Announces Innovative Sustainability-Linked Financing

Retrieved on: 
Wednesday, July 7, 2021
Professional services, Other Energy, Environment, Oil, Gas, Energy, Finance, Banking, Articles, Sustainable development, Riverstone Holdings, Riverstone, Blackbuck, Blackbuck Resources LLC, Riverstone Holdings LLC, Cresta Fund Management, BLACKBUCK RESOURCES LLC, RIVERSTONE HOLDINGS LLC, CRESTA FUND MANAGEMENT

Blackbuck Resources LLC (Blackbuck), which designs, builds, and operates water infrastructure, announced it has closed on a sustainability-linked term loan with Riverstone Credit Partners LLC, a dedicated energy and power credit fund managed by Riverstone Holdings LLC (Riverstone).

Key Points: 
  • Blackbuck Resources LLC (Blackbuck), which designs, builds, and operates water infrastructure, announced it has closed on a sustainability-linked term loan with Riverstone Credit Partners LLC, a dedicated energy and power credit fund managed by Riverstone Holdings LLC (Riverstone).
  • The financing provides an initial commitment of $50 million plus an accordion feature, which gives Blackbuck additional liquidity for growth.
  • The facilitys pricing will be adjusted based upon Blackbucks adherence to certain sustainability performance targets, which are defined by key performance indicators set internally by Blackbuck.
  • Chris Abbate, a Partner and Managing Director at Riverstone, said, We are pleased to partner with Blackbuck on this next stage of environmentally sustainable growth.

FreeWire Technologies Secures $50 Million in Series C Funding Round to Scale Ultrafast EV Charging Infrastructure

Retrieved on: 
Tuesday, January 26, 2021
Energy, Other Energy, Automotive, Alternative Vehicles, Fuels, Electric vehicles, Battery types, Rechargeable batteries, Charging stations, Riverstone Holdings, Riverstone, Lithium-ion battery, Electric power, FreeWire Technologies, Inc., Riverstone Holdings LLC, Energy Innovation Capital

FreeWire Technologies, a leader in electric vehicle (EV) charging and power solutions, has announced a $50 million Series C funding round today, led by Riverstone Holdings (Riverstone), with participation from current shareholders bp ventures, Energy Innovation Capital, TRIREC, and Alumni Ventures Group.

Key Points: 
  • FreeWire Technologies, a leader in electric vehicle (EV) charging and power solutions, has announced a $50 million Series C funding round today, led by Riverstone Holdings (Riverstone), with participation from current shareholders bp ventures, Energy Innovation Capital, TRIREC, and Alumni Ventures Group.
  • FreeWire's technology enables ultrafast charging where high power grid connections are not readily available or are cost prohibitive.
  • The Boost Charger represents a step-change in charging technology and is an essential solution to deliver fast, scalable, cost-effective, and widespread EV charging to the public.
  • The closing of the $50 million Series C round is concurrent with the appointment of Robert Tichio to FreeWires Board of Directors.

Meritage Midstream Commissions Steamboat Natural Gas Processing Plant in Wyoming’s Powder River Basin

Retrieved on: 
Thursday, March 5, 2020
Oil, Gas, Energy, Regions of the United States, Natural gas, Petroleum industry, Geology of the United States, Western United States, Midstream, Oil storage, Petroleum transport, Powder River Basin, Meritage Midstream Services II, LLC, Riverstone Holdings LLC

The Steamboat plant more than doubles Meritages natural gas processing capacity in the Powder River Basin.

Key Points: 
  • The Steamboat plant more than doubles Meritages natural gas processing capacity in the Powder River Basin.
  • Meritage also announced it has entered into a significant, multiyear gathering and processing arrangement with a large independent oil and natural gas producer in the Powder River Basin.
  • With the completion of the Steamboat plant, Meritage is building on Thunder Creeks successful 16-year history of owning and operating strategic gathering, treating and processing assets in the Powder River Basin, said Meritage Midstream President Nick Thomas.
  • About Meritage Midstream Services II, LLC
    Based in Denver, Meritage Midstream provides oil and gas producers with a full complement of midstream services through affiliated companies that operate in the U.S. Meritage is currently focused on Wyomings Powder River Basin.