Riverstone to add to CKD fund

Riverstone to add to CKD fund

Funds Equity Energy Renewable Mexico US

US asset management firm Riverstone plans to sell more development equity certificates, known as CKDs, and raise up to another MXN662 million ($30.4 million) for energy investments in Mexico, according to a securities filing. Riverstone will take orders for the CKDs through June 19 and issue the certificates on June 23 in a deal arranged by Citibanamex. The firm launched the fund for MXN2.5 billion in late 2017. It has raised MXN3.78 billion for the fund through four subsequent issues. The next

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