USD Partners completed the acquisition of the Hardisty South terminal assets from USD Group for $75m.

USD Partners, a firm engaged in energy-related logistics assets, completed the acquisition of the Hardisty South terminal assets from USD Group, an operator of energy infrastructure assets throughout North America, for $75m. “As we have previously stated, we are very focused on maintaining our momentum in 2022 as we continue to see opportunities for our DRUbit™ by Rail™ network to provide safer and more economic benefits to our customers. The acquisition of Hardisty South is expected to provide the partnership with a growth platform by which it can realize the accretion and additional long-term commitments that our DRUbit™ by Rail™ network is able to provide. Simplifying the Partnership’s structure is critical to our growth strategy, and we look forward to sharing more details about our growth opportunities in the future," Dan Borgen, USD CEO.