Lineage Logistics, a REIT and logistics solutions provider, Stonepeak, an alternative investment firm, and D1 Capital, an investment fund, agreed to invest $450m in Emergent Cold Latin America, a provider of logistics services. The company plans to deploy over $450m of equity capital toward greenfield projects and acquisitions in Latin America over the next two to three years. The company also plans to buy net-leased cold-storage real estate in key markets and to offer customers the opportunity to monetize cold storage assets within their supply chain portfolios. “We are thrilled to announce the launch of Emergent Cold Latin America and provide customers in the region with significant technological and modernization opportunities within their cold chains to match those that are leading the industry in the U.S. and Europe. We’re working towards transforming the temperature-controlled supply chain in Latin America and becoming a one-stop-shop solution for customers to support their growth journeys," Neal Rider, Emergent LatAm Founder.