I Squared Capital to acquire the remaining 55% stake in Rubis Terminal from Rubis Group for €375m.

I Squared Capital, an independent global infrastructure investment manager, agreed to acquire the remaining 55% stake in Rubis Terminal, a petroleum products storing company, from Rubis Group, a petroleum storage and distribution firm, for €375m. “With facilities at the heart of some of the most important trading hubs in Europe, Rubis Terminal plays a critical role in supporting the energy transition and ensuring security of supply. This transaction underscores I Squared’s confidence in Rubis Terminal’s transition strategy and our commitment to its continued growth,” Mohamed El Gazzar, I Squared Capital Senior Partner.