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Private Equity Sends $300 Million To Mexican Infrastructure Company

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Private Equity Sends $300 Million To Mexican Infrastructure Company

Avant Energy a newly-established Mexican energy company, today announced that Riverstone Holdings, an energy and power-focused private investment firm, has agreed to an initial line-of-equity investment of $150 million in the Company, which can be increased to $300 million once this initial capital has been invested. Avant Energy executives have also made additional capital commitments for undisclosed amounts.

With offices in Mexico City, Monterrey and Houston, Avant Energy will focus on the development, construction and operation of infrastructure for Mexico's oil, natural gas, refined products and electricity sectors, as well as participate in the recently liberalized markets for these products and services.

The company will be led by Jaime de la Rosa, Luis Farias, Jaime Williams, and…

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