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Buckeye Partners Completes Bear Head Clean Energy Acquisition

PRIVATEJul 13, 2022

Acquiring Company

Buckeye Partners

Acquired Company

Clean Energy

Newport BeachEnergyOil And Gas

Description

Buckeye Partners, L.P. (“Buckeye”) today announced that it closed on the previously announced acquisition of Bear Head Energy, Inc. (“Bear Head”), which is developing a large-scale green hydrogen and ammonia production, storage and export project in Point Tupper, Nova Scotia with hydrogen electrolyzer capacity of over two gigawatts.

Quick answer

Buckeye Partners is acquiring Clean Energy, announced July 13, 2022.

How much did Buckeye Partners pay for Clean Energy?
The deal value was not disclosed.
What does Buckeye Partners do?
Buckeye is the premier infrastructure and logistics provider for the world’s energy needs, both today and tomorrow.
Where are Buckeye Partners and Clean Energy based?
Clean Energy is based in Newport Beach, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Buckeye Partners

Location

Westheimer Road ●

About

Buckeye is the premier infrastructure and logistics provider for the world’s energy needs, both today and tomorrow. Buckeye, a wholly owned investment of the IFM Global Infrastructure Fund (“IFM GIF”), owns and operates a diversified global network of integrated assets providing midstream infrastructure and logistic solutions, primarily consisting of the transportation, storage, processing, and marketing of liquid petroleum products. Across every aspect of the business – including its over 5,000 miles of domestic pipeline, more than 135 liquid petroleum products terminals and approximately 130 million barrels of tank capacity – Buckeye focuses on responsibly providing world-class service to meet the changing energy needs of its customers. As part of this business priority and commitment to its customers, Buckeye is increasingly diversifying its platform to advance energy transition initiatives and decarbonization efforts. For more information about Buckeye and its ESG efforts, visit buckeye.com.

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Frequently asked

Who acquired Clean Energy?

Clean Energy was acquired by Buckeye Partners. The deal was reported on July 13, 2022. Buckeye is the premier infrastructure and logistics provider for the world’s energy needs, both today and tomorrow. Buckeye Partners is privately held and operates in Energy.

When did Buckeye Partners acquire Clean Energy?

Buckeye Partners's acquisition of Clean Energy was reported on July 13, 2022. Buckeye Partners, L.P. (“Buckeye”) today announced that it closed on the previously announced acquisition of Bear Head Energy, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Clean Energy do?

Original Clean Energy, a subsidiary of Clean Royalties, is a developer and builder of solar energy and storage systems, focusing on pursuing growth and financial stability in the solar energy business across northern New England and New York state. It is privately held, and is based in Newport Beach.

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