Riverstone Energy Limited () is a

Guernsey Guernsey (; Guernésiais: ''Guernési''; french: Guernesey) is an island in the English Channel off the coast of Normandy that is part of the Bailiwick of Guernsey, a British Crown Dependency. It is the second largest of the Channel Islands ...

-domiciled, closed-ended company which invests in energy companies and assets worldwide. Established by

Riverstone Holdings Riverstone Holdings is a multinational private equity firm based in New York City focused on leveraged buyout, growth capital, and credit investments in the energy industry and electrical power industry sectors. The firm focuses on oil and gas ...

in 2013, the company's investment manager is Riverstone International Limited, which is majority-owned and controlled by affiliates of Riverstone. Riverstone is an energy and power-focussed private investment firm founded in 2000 by David M. Leuschen and Pierre F. Lapeyre with approximately $41 billion of capital raised. Riverstone conducts buyout and growth capital investments in the E&P, midstream, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London, Houston, Mexico City, Amsterdam and Menlo Park, the firm has committed approximately $43 billion to over 200 investments in North America, Latin America, Europe, Africa, Asia and Australia. REL was the subject of a £760m

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

in October 2013. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

. In January 2021, REL made two decarbonisation investments in Loanpal, LLC and FreeWire Technologies, Inc. In February 2021, REL announced additional commitments to Decarbonization Plus Acquisition Corporation (NASDAQ: DCRB), via a private placements, and to Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRNU), via an initial public offering.

Corporate Governance

As of December 2020, REL operates with a fully independent board of directors. REL has also committed to a new modified approach to investing, which includes a focus on energy transition and decarbonisation opportunities.

References

{{reflist, 30em Companies established in 2013