TRENCO and Windward Investment completed the acquisition of a 60% stake in Carib LPG from Petredec Holdings.

Tropical Energies, a provider of gas, water, and energy solutions, and Windward Investment, the investment holding company of the Lewis family, completed the acquisition of a 60% stake in Carib LPG Holding, a LPG logistics and trading company, from Petredec Holdings, a fully integrated LPG value chain company. Financial terms were not disclosed. "This transaction allows Petredec to concentrate on enhancing its refrigerated LPG logistics platform, while ensuring continued positive developments for LPG in the Caribbean and Central American markets," Giles Fearn, Petredec Group CEO.