Disposition · Portfolio-company
Rio Energy selected businesses and management platform
Transaction overview
Status: Announced
Exact closing date not established.
Denham Capital agreed to sell selected Rio Energy businesses, the Rio Energy trade name and its management platform to Equinor, while retaining other projects. Denham Capital Management is attributed as sponsor-manager. Completion remained subject to regulatory and lender approvals.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Sale of certain Rio Energy Assets, Trade Name and Platform to Equinor | Denham Capital ↗
denhamcapital.com · Published Jul 21, 2023
Denham Capital agreed to sell selected Rio Energy businesses, the Rio Energy trade name and its management platform to Equinor, while retaining other projects. Denham Capital Management is attributed as sponsor-manager. Completion remained subject to regulatory and lender approvals.