PF Archive

Alinda buys Houston Fuel Oil Terminal from ArcLight

02 11 2011

ArcLight Capital sold AL Gulf Coast Terminals to Alinda Capital Partners on 31 October. The sale included $285 million in outstanding debt at the holding company as of June 2011, which was set to be paid down by the buyer as part of the sale. AL Gulf operates the Houston Fuel Oil Terminal in Texas, which has a capacity of 13.8 million...