Ara Partners Acquires USD Clean Fuels LLC
Ara Partners (Ara), a private equity and infrastructure firm, has acquired a majority interest in USD Clean Fuels LLC (USDCF), a 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, USDCF develops, owns, and operates strategic infrastructure to facilitate delivery of renewable fuel feedstocks and biofuels to production facilities and end-market demand centers.
“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.”