Announced
Completed
Financials
Sources
Tags
Friendly
Majority
Completed
Acquisition
Environmental / Waste Management
carbon management
United States
carbon capture
Domestic
Private
Private Equity
Single Bidder
Synopsis
IFM Investors-backed Buckeye, an independent pipeline common carrier of refined petroleum products, completed the acquisition of Elysian Carbon Management, a company that provides integrated end-to-end carbon capture and storage solutions from EnCap Flatrock, a venture capital firm. Financial terms were not disclosed. “We’ve always thought that carbon capture and storage makes a lot of sense for Buckeye. We wanted to find the right group that we thought could push it," Todd J. Russo, Buckeye CEO.
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