KKR Forms Joint Venture with Monterra Energy

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KKR & Co. (KKR), Monterra Energy Partner on Mexican Midstream Investments Venture

May 15, 2015 9:01 AM EDT

KKR & Co. (NYSE: KKR) announced a new joint venture with Monterra Energy (Monterra) to pursue investments in the midstream energy sector in Mexico. Under the agreement, KKR is making an equity commitment to Monterra for the development of new projects and acquisition of midstream assets and businesses. Financial terms and details of the partnership were not disclosed.

Monterra was founded in 2014 by Arturo Vivar and Michael A. Williams to pursue select investment opportunities in the midstream sector in Mexico. With offices in Houston, Texas and Mexico City, Monterra has a proven management team and highly... More