A natural gas well platform owned by Encana north of Parachute, Colorado, December 8, 2014. The economy of Parachute, with a current population of approximately 1000 people, was devastated when thousands of workers lost their jobs on "Black Sunday" in 1982, after Exxon terminated the Colony Shale Oil Project. The current rise of hydraulic fracking in natural gas retrieval has given a cautious hope to the town's inhabitants, who know market demand and price can effect their local economy. Reuters/Jim Urquhart (UNITED STATES - Tags: ENERGY) - RTR4HO18
Stonepeak closed second fund on $3.5 bln last year
New fund targets $5 bln, backed by Louisiana Teachers'
Firm’s debut fund netting a 14.3 pct IRR
Stonepeak Infrastructure Partners might be eyeing larger deals with its latest fund, which is looking to raise at least $5 billion, due-diligence materials prepared by Hamilton Lane show. Stonepeak will use Fund III to invest between $100 million and $1 billion ...