Targa Resources Corp. to Acquire Lucid Energy from Riverstone Holdings and Goldman Sachs Asset Management for $3.55bn; Provides Updated 2022 Standalone Financial Outlook
Benzinga
JUNE 16, 2022
The Company now estimates full year standalone adjusted EBITDA to be between $2.675 billion and $2.775 billion and reported year-end leverage ratio of about 2.7 We congratulate Mike Latchem and the entire Lucid team on today's milestone," said Baran Tekkora, a Partner at Riverstone and Co-Head of Private Equity. billion in cash.
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