LONDON, UK: Riverstone Energy Limited (REL) led investment in Infinitum Electric, creator of the breakthrough air-core motor. Infinitum Electric will use the investment to vertically integrate and automate production of its motors for the commercial and industrial market segments, and complete development and commercialisation of a traction motor for the rapidly growing electric vehicle market.…
All posts tagged Riverstone Energy
Riverstone buys $30mn stake in a Samsung Venture
LONDON, UK: Riverstone Energy Limited (REL) has purchased an interest in one of Samsung Ventures’ battery technology focused venture capital portfolios for $30 million. The remaining interest was purchased by Riverstone affiliates for $3.0 million. The Samsung Portfolio consists of seven unrealised investments with the majority of value deriving from over 1.66 million shares of…
Riverstone sells investment in Aleph to Vista Oil and Gas for $23.5mn
LONDON: Riverstone International Limited, the Manager of Riverstone Energy Limited (REL), has agreed to wind down its investment in Aleph Midstream through a sale to Vista Oil and Gas, S.A.B. de CV. REL is expected to receive $23.5 million in proceeds through a return of its invested capital at a 1.0x Gross MOIC. The transaction…