Conventional energy is easy, convenient, and used to power almost everything, cars, office building, residential homes etc…Conventional energy is a great source of energy, but results in harmful pollutants. Researchers and developers explore alternative pollution reducing solutions everyday. Alternative energy solutions include, wind, solar, biomass, and biodiesel energy. These energy sources are better for the environment, but are not nearly as effective as conventional energy sources, such as, coal and oil.
Riverstone Holdings LLC. is an energy and power-focused private equity firm. Founded by David Leuschen, Riverstone holds approximately $22 billion of equity capital raised across seven investment funds. Riverstone has offices in New York, London, and Houston.
Riverstone’s strategy involves renewable and conventional energy sources. The combination of old and new technology creates a diverse portfolio. Riverstone’s conventional energy investments date over 12 year, with investment targeting the exploration and production, midstream, energy services, and power and coal sectors. Riverstone believes investing in both renewable alternative energy and conventional energy results in “superior risk-adjusted returns for Limited Partners.”
Alternative energy has been actively pursued by Riverstone since 2003. Riverstone/Carlyle Renewable and Alternative Energy Fund II, L.P. is the largest dedicated global renewable and alternative energy fund in the world.
Renewable energy is the fastest growing segment of the global energy sector. Investors and consumers are turning their attention and focus on the alternative energy sector searching for new opportunities. Several factors have keeps the alternative energy sector growing. One of the most important factors to alternative energy growth is the substantial decrease of cost and efficiency in alternative technology development. Other growth factors include, sustained alternative energy prices have increased the price of traditional energy, and increased governments regulations promoting renewable energy usage.