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Announced

Antin Infrastructure Partners to invest in GTL Leasing.

Synopsis

Antin Infrastructure Partners, a private equity firm with offices in Paris, London, New York, Luxembourg and Singapore, agreed to invest in GTL Leasing, a lessor of gaseous hydrogen transportation and storage equipment in North America. Financial terms were not disclosed. "With Antin as our long-term strategic partner, we are well positioned to accelerate our market leading position in specialized hydrogen equipment leasing to include cryogenic hydrogen transport and storage, compressor/dispenser platforms for fuel cell electric vehicle growth and fuel cell generators. We will continue to deliver operational excellence and provide flexibility to our customers. Antin’s experience in the transport and energy sectors will bring valuable expertise and collaboration," Michael Koonce, GTL Leasing CEO and founder.

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