Blackbuck Resources LLC
Description
Closed on a sustainability-linked term loan with Riverstone Credit Partners LLC, a dedicated energy and power credit fund managed by Riverstone Holdings LLC. Provides an initial commitment of $50 million plus an accordion feature adjusted based upon adherence to certain sustainability performance targets, which are defined by key performance indicators set internally by the company. Foley & Lardner LLP was legal adviser to Blackbuck. Baker Botts LLP was legal adviser to Riverstone.