Cuadrilla is backed by a leading U.S. energy private equity firm, Riverstone Holdings. David Leuschen, acting Senior Managing Director, founded Riverstone after an extensive career heading the Global Energy & Power Group for Goldman Sachs.
What is fracking? Hydraulic fracturing or “fracking” is the process of extracting natural grass from shale rock layers deep within the earth. Fracking methods are used to efficiently produce natural gas in shale plays that were once unreachable with conventional technologies. Fracking in has streamed the media as controversial as environmentalist fear that fracking is not staff. However, multiple studies have been conducted to indicate that fracking is safe.