Riverstone Commits up to US$300 Million to Avant Energy (Latin America)
Source: Riverstone Holdings
Energy and power-focused private investment firm Riverstone Holdings has agreed to an initial line-of-equity investment of US$150 million in newly-established Mexico-based energy infrastructure platform Avant Energy. Riverstone’s initial investment may increase to US$300 million once its initial commitment has been invested. Avant Energy will focus on the development, construction and operation of infrastructure for Mexico’s oil, natural gas, refined products and electricity sectors.