Carrier Energy Partners II formed with additional $100M from Riverstone

Carrier Energy Partners LLC has an agreement for an additional $100 million investment from Riverstone Holdings LLC, according to Bloomberg.

With the new investment from Riverstone, Carrier has formed Carrier Energy Partners II LLC for acquiring and exploiting upstream oil and gas assets. Carrier initially received a $300 million investment from Riverstone in 2013, forming Carrier I, which is still active in its ongoing investments.

Bloomberg reports that the latest Riverstone commitment represents $67 million from Riverstone Global Energy and Power Fund VI, and $33 million from Riverstone Energy Ltd.

Vinson & Elkins LP advised Riverstone on the transaction.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...