TPG Rise Climate to Acquire Olympus Terminals, Leading Renewable Fuels Logistics Provider [Yahoo! Finance]
Jefferies Financial Group Inc. (JEF)
Last jefferies financial group inc. earnings: 10/25 04:42 pm
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Source: Yahoo! Finance
SAN FRANCISCO & LONG BEACH, Calif., May 07, 2024 BUSINESS WIRE )--TPG Rise Climate, the dedicated climate investing strategy of TPG's global impact investing platform TPG Rise, today announced that it has signed a definitive agreement to acquire Olympus Terminals ("Olympus"), a leading independent storage provider for renewable fuels and refined products in Southern California, majority owned by an affiliated investment fund of Davidson Kempner Capital Management LP and an affiliated investment fund of Intrepid Investment Management, LLC. The transaction will advance TPG Rise Climate's efforts to reduce transportation-related greenhouse gas emissions by facilitating the import, storage, and distribution of renewable fuels in Southern California and accelerating California's transition from conventional diesel to renewable diesel (RD). Headquartered in Long Beach, California, Olympus Terminals owns and operates two storage terminals, including one at the Port of Long Beach with deep
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JEF
Earnings
- 3/27/24 - Miss
JEF
Sec Filings
- 5/16/24 - Form 424B2
- 5/16/24 - Form 424B2
- 5/14/24 - Form 4
- JEF's page on the SEC website