Live Breaking News & Updates on நதி கல் வைத்திருத்தல்

Stay updated with breaking news from நதி கல் வைத்திருத்தல். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Investegate |Riverstone Energy Ld Announcements | Riverstone Energy Ld: Commitment of $25 million to Loanpal, LLC


 
London, UK (13 January 2021). RIGL Holdings, LP ( Riverstone ), the Manager of Riverstone Energy Limited ( REL ), has announced the signing of an agreement for REL to invest $25 million in Loanpal, LLC ( Loanpal ), the leading sustainable home improvement fintech provider used in over half of US residential solar system sales.  Riverstone Global Energy & Power Fund VI also participated in the transaction, investing $50 million for a total investment of $75 million from Riverstone affiliated investment vehicles.
 
Loanpal is a San Francisco based technology-enabled sustainable home improvement loan originator, providing a point-of-sale lending platform used by key residential contractors. Loanpal does not take funding risk, the company presells its originated loans via forward purchase agreements to large funds managed by asset managers including Blackstone and Goldman Sachs. The company s attractive unit economics and asset-light business m ....

New York , United States , Menlo Park , United Kingdom , Gulf Of Mexico , Mexico General , Mexico City , Distrito Federal , New South Wales , City Of , San Francisco , Noord Holland , Davidm Leuschen , Jingcai Zhu , Pierref Lapeyre Jr , London Stock Exchange , Riverstone Holding , Riverstone Global Energy Power Fund , Riverstone Energy Limited Announces Commitment , Riverstone Holdings , Goldman Sachs , Riverstone Energy Limited , Riverstone Energy , Energy Limited Announces Commitment , Riverstone Global Energy , Power Fund ,