Announced
Financials
Tags
Friendly
United States
Domestic
hydrogen fuel supply
Single Bidder
Pending
Integrated Oil and Gas
Private
Minority
Acquisition
Private Equity
Synopsis
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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