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New Deal


Announced

Buckeye Partners to invest in OneH2.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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United States

Domestic

hydrogen fuel supply

Single Bidder

Pending

Integrated Oil and Gas

Private

Minority

Acquisition

Private Equity

Synopsis

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Buckeye Partners, a distributor of petroleum, agreed to invest in OneH2, a provider of hydrogen fuel supply and logistics solutions. Financial terms were not disclosed. "Buckeye is excited to partner with OneH2. Energy logistics is our business and, through this investment, we can continue to do what we do best, providing fuels for end markets, while supporting the energy transition and reducing emissions. Buckeye’s investment in OneH2 highlights our focus on being an integral part of the next phase of the US and global energy evolution," Clark C. Smith, Buckeye President and CEO.

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