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Lucid sells Delaware Basin subsidiary to JV for $1.6b

by Jody Barhanovich | Jan 10, 2018

Lucid Energy Group and its financial sponsor, EnCap Flatrock Midstream, have entered into a definitive agreement to sell Lucid Energy Group II to a joint venture controlled by Riverstone Global Energy and Power Fund VI, an investment fund managed by Riverstone Holdings and investment funds managed by the Merchant Banking Division of The Goldman Sachs Group Inc., for approximately $1.6 billion in cash.

Sacramento County commits $40m to energy fund

by Jody Barhanovich | Jan 4, 2018

The $9 billion Sacramento County (Calif.) Employees’ Retirement System has committed $40 million to an oil and gas energy fund managed by Quantum Energy Partners.
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