I forgot my password

EU Clears Acquisition of Lucid Energy by Goldman Sachs, Riverstone

The European Commission said on February 8 that the EC has approved, under the EU Merger Regulation, the proposed acquisition of joint control over Lucid Energy Group II LLC by The Goldman Sachs Group, Inc. and Riverstone Investment Group LLC, all of the US. Lucid Energy provides natural gas gathering, compression and natural gas processing in Texas and New Mexico.

Goldman Sachs is a global investment banking, securities and investment management firm that provides a wide range of banking, securities and investment services worldwide. Riverstone is a private equity firm focused on investments in the energy and power sectors.

The Commission said the EC concluded that the proposed transaction would raise no competition concerns as Lucid Energy is not active in the European Economic Area. The transaction was examined under the simplified merger review procedure.

https://www.neweurope.eu/article/eu-clears-acquisition-lucid-energy-goldman-sachs-riverstone/

IENE EVENTS Investing in Energy EfficiencyBalkans & Black Sea Cooperation ForumEurelectric Power Summit4th International Energy & Shipping Seminar11th SE Europe Energy Dialogue

PUBLICATIONS SEEEO 2016-2017 SEEED More
EVENTS Energy and Geopolitical Challenges in the East Mediterranean and MENA and the Role of Greece European Gas Conference 2018

COOPERATING ORGANISATIONS IEA WEC Energy Community BBSPA EPG AERS ROEC BPIE RCEN Geothermal Finance and Awareness in European Regions