Riverstone was founded by Pierre F. Lapeyre, Jr.[1] and David M. Leuschen, who had been instrumental in the formation of the Goldman Sachs Global Energy & Power Group in the mid 1980s.

[11] In February 2021, Riverstone's Decarbonization Plus Acquisition Corporation II (Nasdaq: DCRN) priced a $350 million IPO.

[18] The AES Corporation and Riverstone Holdings LLC announced on March 25 that they have committed up to 1 billion as a part of a new joint venture to develop a global platform of utility-scale solar photovoltaic projects.

Together, these firms have provided $500 million of capital over five years to invest in PV solar projects around the world.

These installations consist of land based solar PV panels that capture sunlight and convert it to electricity in order to feed the power grid.

[20] In January 2021, Riverstone made a commitment to FreeWire Technologies, in electric vehicle (EV) charging and power.

[21] Also in January, Riverstone Energy Limited announced an investment of $25 million in Loanpal, LLC, a sustainable home improvement fintech provider used in over half of U.S. residential solar system sales.