New Panel in place to help with hurricane relief

Also among the participants in the 18-member panel are Senator Novelle E. Frances; U. S. Surgeon General Jerome M. Adams; Commissioner for the USVI Department of Finance, Valdamier Collens; Founder, Chairman and Chief Executive Officer of Island Capital Group and CEO of Resource America Andrew Farkas and Chief of Staff to Governor Mapp, Eugene Farrell.

Riverstone Holdings, Goldman Sachs Merchant Banking to Buy Lucid II for $1.6 Billion

Monday Lucid Energy Group announced sale of its subsidiary, Lucid Energy Group II, LLC, to an investment fund jointly controlled by Riverstone Global Energy and Power Fund VI, L.P., and the Merchant Banking Division of The Goldman Sachs Group Inc. for a cash price of $1.6 billion. Riverstone was founded by David Leuschen and Pierre Lapeyre.