Riverstone Holdings/Goldman Sachs Merchant Bank $1.6 billion acquisition of Lucid II

Overview:

• Riverstone Holdings and Goldman Sachs Merchant Bank have acquired Lucid II for $1.6 billion.
• The acquirers made the purchase through their joint venture, Riverstone Global Energy and Power Fund VI.
• Lucid II's assets are located in the core of the northern Delaware Basin.
• Jefferies acted as exclusive financial adviser to Lucid II in connection with the transaction and was the sole provider of the committed debt financing.
• The deal is expected to close in the first quarter of 2018. 

Katrin Kostadinova - Data analyst