
Ara Partners Takes Majority Stake in USD Clean Fuels
Ara Partners, a private equity and infrastructure firm focused on industrial decarbonization investments, has acquired a majority stake in USD Clean Fuels (USDCF) LLC, a Houston, TX-based developer of terminal infrastructure for renewable fuel feedstocks and biofuels.
Financial details of the transaction were not provided.
The deal involves the acquisition of the West Colton Rail Terminal, an operational biofuels terminal in California. Ara has also pledged additional funds to back significant expansion of USDCF’s footprint.
“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.
Ara Partners had approximately $5.6 billion of assets under management as of the end of September 2023.