Riverstone Holdings

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Riverstone Holdings is an energy and power-focused private investment firm founded in 2000 by David M. Leuschen and Pierre F. Lapeyre, Jr. with approximately $27 billion of equity capital raised.

Activities

Riverstone 'conducts buyout and growth capital investments in the exploration & production, midstream, oilfield services, power and renewable sectors of the energy industry'.

With offices in New York, London and Houston, the firm has committed approximately $24.8 billion to 104 investments in North America, Latin America, Europe, Africa and Asia. [1]

Investments

FrackWell.png This article is part of the Spinwatch Fracking Portal and project
Riverstone owns 45% of UK shale gas explorer Cuadrilla Resources Holdings Ltd, which is privately owned by its management team (10%) and the Australian drilling and engineering company AJ Lucas (also owns 45%).

Riverstone committed to Cuadrilla in 2010. According to Cuadrilla's CEO Francis Egan, “Riverstone is more than a shareholder. They contribute tangible value with their connections to globally recognized experts, fiscal knowledge, and unique understanding of all aspects of the energy sector and its relationship with society.' [2]

Subsidiary

Riverstone Holdings (RH) floated investment company Riverstone Energy in late October 2013 and said it would use the proceeds to invest across the global energy market. RH partner Lord Browne was initially on the board of the new company, alongside senior industry figures such as Sir Robert Wilson, former chairman of BG Group, and Jim Hackett, former chief executive of Anadarko Petroleum. [3]

People

Partners

Lord John Browne - stepped down from the board in early 2015. Stephen S. Coats James T. Hackett | Michael B. Hoffman | N. John Lancaster, Jr | Stephen J. Schaefer | Andrew W. Ward | Elizabeth K. Weymouth | Mark Papa (from February 2015)

Managing directors

Includes Daniel Yergin

Principals

Vice presidents

Associates

Former vice presidents

Lobbyists and comms firms

Brunswick was mandated to lead the comms activities for the £1.5bn flotation of Riverstone Energy. The firm had previously worked with Lord Browne at BP, with founder Alan Parker personally advising Browne during his resignation from the oil giant after the publication of details concerning his personal life. [3]

Contact

Riverstone's former London office, 3 Burlington Gardens
Address: 3 St James’s Square
London SW1Y 4JU
England
Website:http://www.riverstonellc.com/Section.aspx/1/Overview

Resources

See: Fracking Spads

See: Fracking lobbying firms

Notes

  1. Riverstone Holdings, Overview, Company website
  2. Riverstone Holdings Investments, undated, last accessed June 2019
  3. 3.0 3.1 Alec Mattison, Brunswick backs float of Lord Browne's Riverstone energy fund PRWeek,25 September 2013