Announced
Completed
Financials
Tags
Domestic
Friendly
Single Bidder
United States
Private Equity
Completed
distribution
renewable assets
Alternative Fuels
Private
Acquisition
Majority
clean energy
Synopsis
Ara Partners, a private equity firm, completed the acquisition of a majority stake in Lincoln Terminals, a renewable fuel logistics and infrastructure provider. Financial terms were not disclosed. "We strongly believe that renewable fuels are critical to accelerate decarbonization of the industrial sector. We have been incredibly impressed with Lincoln's depth of knowledge and experience in renewable fuel infrastructure, and we are thrilled to partner with Larry, Josh and their team to capitalize on the many opportunities that exist in this evolving market," George Yong, Ara Partners Partner and Co-Head of Infrastructure.
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