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Mercuria completed an investment in Black Bayou Energy Hub.

Synopsis

Mercuria, an energy and commodities group, completed an investment in Black Bayou Energy Hub, an underground salt dome energy storage company. Financial terms were not disclosed. "Mercuria's investment in Black Bayou Energy Hub represents a significant step towards enhancing the resilience and flexibility of our energy infrastructure. This partnership leverages Mercuria's robust financial capabilities and extensive expertise in commodity markets, aligning with Black Bayou's strategic location and development potential. We are committed to supporting innovative projects like Black Bayou essential for transitioning to a sustainable global energy future. Together, we aim to create a storage solution that addresses the dynamic needs of the energy sector, fostering stability and growth in the US Gulf Coast region and beyond," Boris Bystrov, Mercuria Managing Director.

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