The company is led by Miguel Galuccio and a management team comprised of experienced executives of the oil and gas industry. We have the backing of Riverstone, a global leader among private equity firms focused on the energy sector.
Our structure, the one of a special purpose acquisition company (SPAC), was designed to raise funds and use them for the purpose of effecting a Business Combination -an acquisition or merger of a company- that generates value to our shareholders. We intend to capitalize on the abilities of our Management Team and the broader Riverstone platform to identify, acquire and operate a company leader in the Latin American energy industry.
We intend to identify and acquire a business that could benefit from a hands-on Management Team with extensive operational experience in the energy sector and that presents an opportunity to generate attractive risk-adjusted returns.
Our objective is to generate attractive returns and create value for our shareholders by applying a disciplined acquisition and development strategy and affecting changes in the acquired assets in order to promote and develop its full value.