Goldman takes minority stake in Riverstone for $500M
May 08, 2017
New York, NY | PE/Buyout
Goldman Sachs has agreed to use its Petershill program to acquire a 12% stake in energy investor Riverstone for $500 million, according to The Wall Street Journal, valuing Riverstone at more than $4 billion. Goldman has already deployed its Petershill fund to buy minority stakes in Littlejohn & Co. and ArcLight Capital Partners.