Riverstone and Goldman Sachs MBD to buy Lucid II for about $1.6 bln
Riverstone Holdings LLC and Goldman Sachs Group's merchant banking division have agreed to acquire Lucid Energy Group II LLC from Lucid Energy Group for about $1.6 billion in cash. The deal is expected to close in the first quarter of this year. Jefferies LLC has committed debt financing for the transaction and served as financial adviser to Lucid II. Lucid Energy Group is backed by ECap Flatrock Midstream.





