Published by Todd Bush on January 2, 2024
BOSTON, Jan. 2, 2024 /PRNewswire/ -- Ara Partners ("Ara"), a private equity and infrastructure firm that specializes in industrial decarbonization investments, today announced that it has acquired a majority interest in USD Clean Fuels, LLC ("USDCF"), a leading developer of logistics infrastructure in North America for the renewable fuels value chain. As part of the transaction, USDCF has also acquired the West Colton Rail Terminal, a fully operational biofuels terminal in California. Ara has committed additional capital to support significant expansion of USDCF's infrastructure footprint.
Based in Houston, Texas, USDCF develops, owns, and operates strategic infrastructure to facilitate safe, reliable and economic delivery of renewable fuel feedstocks and biofuels to production facilities and end-market demand centers. The USDCF team, led by Chief Executive Officer Dan Borgen and President Bob Copher, has a longstanding track record of developing, commercializing and operating midstream infrastructure across North America.
>> Additional Reading: Ara Partners Closes Over $3 Billion of New Capital Commitments
"We have high conviction that the green molecules economy – whether it's renewable fuel feedstocks or biofuels – offers disproportionate opportunity for returns and impact," said George Yong, Partner and Co-Head of Infrastructure at Ara Partners. "The USDCF platform is particularly compelling because it combines a best-in-class management team with a portfolio of premiere terminal logistics projects that provide the ideal foundation for a durable and scalable infrastructure business."
"We are excited to join forces with Ara Partners to bring critical infrastructure solutions to the rapidly growing North American renewable fuel market, beginning with the West Colton Rail Terminal," said Mr. Borgen. "We are proud to be backed by an investor that is completely focused on enabling an accelerated and economical path to a low-carbon economy."
Ara Partners is a private equity and infrastructure firm focused on industrial decarbonization investments. Ara Partners invests in the industrial and manufacturing, chemicals and materials, energy efficiency and green fuels, and food and agriculture sectors, seeking to create companies with significant decarbonization impact. It operates from offices in Houston, Boston and Dublin, Ireland. As of September 30, 2023, Ara Partners had approximately $5.6 billion of assets under management. For more information about Ara Partners, please visit www.arapartners.com.
USDCF is a developer of terminal assets for renewable fuel feedstocks and biofuels. USDCF's team has decades of experience utilizing rail transportation as its competitive platform to provide timely, efficient, flexible and cost-effective midstream infrastructure for customers to access the most competitive markets. USDCF's assets include the West Colton Rail Terminal and additional projects in North America.
SOURCE Ara Partners
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⚡ Energy Department Removes Barriers for American Energy Producers, Unleashing Investment in Domestic Hydrogen 🛳️ MASH Makes Powers First Vessel Trial With Biofuel From a Carbon-...
Inside This Issue 🛢️ Conestoga Energy Completes Drilling of Class VI Carbon Capture & Sequestration Well, Advances Toward EPA Application 🏗️ How Microsoft and Sublime Systems Are Reinventing C...
Inside This Issue 💸 EDF Slams Repeal of 45V Hydrogen Credit, Citing $32Bn in Higher Household Energy Costs and Job Losses 🤝 Johnson Matthey to Sell Blue Hydrogen Business to Honeywell as Part of £...
The U.S. Department of Energy’s (DOE) Hydrogen and Fuel Cell Technologies Office today removed barriers for the American hydrogen industry by updating its 45VH2-GREET modeling tool. The latest vers...
NETL Patents New Process for Extracting Critical Resources from Coal Fly Ash at High Quantities
NETL researchers developed a new process for extracting economically and strategically vital rare earth elements (REE) and critical minerals (CM) from America’s coal fly ash at high quantities and ...
World’s First Plant That Captures CO2 From Air to Make Building Materials Opens
Aggregates produced using CO2 captured by Mission Zero Technologies ‘Direct Air Capture’ technology (Image courtesy of Mission Zero Technologies) A demonstration project that uses direct air captu...
Plug Power’s Georgia Hydrogen Plant Sets U.S. Production Record Using Plug Electrolyzer Technology
April 2025 Marks Industry-Leading Milestone with 300 Metric Tons of Liquid Hydrogen Produced WOODBINE, Ga., -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.