Houston-headquartered renewable infrastructure developer, USD Clean Fuels LLC (USDCF), has undergone a transformative majority stake acquisition by private equity firm Ara Partners. The deal encompasses the purchase of the operational biofuels terminal, West Colton Rail Terminal, situated in California.
As part of the agreement, Ara Partners has committed additional funds to support the substantial expansion of USDCF's footprint. The strategic move aligns with Ara Partners' confidence in the promising prospects of the green molecules economy, emphasizing the considerable opportunities for returns and positive impact within the renewable fuel feedstocks and biofuels sector.
George Yong, Partner and Co-Head of Infrastructure at Ara Partners, expressed conviction in the USDCF platform, citing its combination of a high-caliber management team and a portfolio featuring premier terminal logistics projects. This, according to Yong, establishes a robust and scalable infrastructure business for Ara Partners.
While specific financial details of the transaction were not disclosed, the acquisition marks a strategic initiative by Ara Partners to enhance its presence and investments in the renewable energy infrastructure space.
