Announced
Completed
Synopsis
Ara Partners, a private equity firm, completed the acquisition of a majority stake in USD Clean Fuels, a developer of renewable energy logistics infrastructure. Financial terms were not disclosed. “We have high conviction that the green molecules economy – whether it’s renewable fuel feedstocks or biofuels – offers disproportionate opportunity for returns and impact. The USDCF platform is particularly compelling because it combines a best-in-class management team with a portfolio of premiere terminal logistics projects that provide the ideal foundation for a durable and scalable infrastructure business," George Yong, Ara Partner and Co-Head of Infrastructure.
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