Private Equity Firm Ara Partners Makes Strategic Move
Ara Partners, a prominent private equity and infrastructure firm specializing in industrial decarbonization, has successfully acquired a majority interest in USD Clean Fuels, LLC (USDCF). This move aligns with Ara’s commitment to investments promoting green energy solutions.
The acquisition encompasses USDCF’s development of logistics infrastructure for the renewable fuels value chain in North America. As part of the deal, USDCF has gained ownership of the operational West Colton Rail Terminal in California. Ara Partners plans to infuse additional capital to facilitate a significant expansion of USDCF’s infrastructure footprint.
USDCF’s Role in Renewable Fuel Infrastructure
Headquartered in Houston, Texas, USDCF is a key player in developing, owning, and operating strategic infrastructure. Its focus is on ensuring the safe, reliable, and economically efficient delivery of renewable fuel feedstocks and biofuels to production facilities and demand centers.
USDCF, led by CEO Dan Borgen and President Bob Copher, boasts a seasoned team with extensive experience in developing, commercializing, and operating midstream infrastructure projects across North America. The team’s expertise positions USDCF as a leader in the renewable fuels logistics sector.
Ara Partners’ Strategic Perspective
George Yong, Partner and Co-Head of Infrastructure at Ara Partners, expressed confidence in the green molecules economy, emphasizing the significant opportunities for returns and impact. The strategic partnership aims to leverage USDCF’s management excellence and terminal logistics projects to build a durable and scalable infrastructure business.
Ara Partners’ investment signifies a commitment to advancing critical infrastructure solutions in the rapidly growing North American renewable fuel market. USDCF, backed by Ara Partners, looks forward to playing a pivotal role in accelerating the transition to a low-carbon economy.
About Ara Partners and USD Clean Fuels
Ara Partners focuses on industrial decarbonization investments and operates from offices in Houston, Boston, and Dublin. With approximately $5.6 billion in assets under management, Ara Partners aims to create companies with significant decarbonization impact.
USD Clean Fuels specializes in developing terminal assets for renewable fuel feedstocks and biofuels. Leveraging rail transportation, USDCF provides efficient and cost-effective midstream infrastructure, with assets including the West Colton Rail Terminal and other projects in North America.
Source:prnewswire.com