Riverstone Holdings $1.8 billion acquisition of Talen Energy

Overview:

• Private equity firm Riverstone Holdings has acquired Talen Energy in a $1.8 billion deal.
• Riverstone had previously owned 35% of Talen Energy before taking it private in this deal.
• Talen was formed through a merger led by Riverstone less than a year ago.
• Citibank acted as financial adviser for Talen and Goldman Sachs and RBC Capital Markets acted for Riverstone. 

Kurt Stumpo - Journalist - North America and the Caribbean