Caliche to Continue Expansion Backed by Sixth Street
Caliche to Continue Expansion Backed by Sixth Street
HOUSTON and NEW YORK, Aug. 20, 2024 /PRNewswire/ -- Caliche Development Partners ("Caliche"), a company focused on the acquisition, development, and operation of natural gas and industrial gas storage assets as well as carbon sequestration, today announced that it is now backed by Sixth Street, a leading global investment firm. Sixth Street's majority investment includes the company's Golden Triangle Storage ("GTS") facilities and carbon sequestration development project in Beaumont, TX, and its Central Valley Gas Storage facilities in Princeton, CA.
2024年8月20日,休斯頓和紐約,PRNewswire/--Caliche Development Partners("Caliche")是一家專注於收購、開發和運營天然氣和工業氣體儲存資產以及碳封存的公司,今天宣佈已獲得全球領先的投資公司Sixth Street的支持。Sixth Street的大部分投資包括公司的金三角儲存("GTS")設施和蒙特利公園的碳封存開發項目以及普林斯頓的中央山谷氣體儲存設施。
Sixth Street's investment provides Caliche with additional resources to pursue new opportunities and to expand the GTS complex—including two natural gas caverns for which the company recently received a blanket certificate pursuant to section 7(c) of the Natural Gas Act.
Sixth Street的投資爲Caliche提供了追求新機會和擴大GTS綜合體的額外資源--包括該公司最近根據天然氣法第7(c)節獲得的有關兩個天然氣洞穴的毯式證書。
Following the close of the transaction, Caliche's leadership will continue to oversee day-to-day operations and will remain investors in the company. All employees in Caliche's TX and CA offices and on-site at its facilities will also be retained.
交易完成後,Caliche的領導團隊將繼續監督日常運營,並繼續投資公司。 Caliche在得克薩斯州和加利福尼亞州辦公室以及其設施的所有現場員工也將得以保留。
"We continue to meet the growing demand for the storage of natural gas and industrial gasses, including helium and hydrogen, and provide the infrastructure for lower environmental impact forms of energy through our commitment to safety, deliverability, asset integrity," said Dave Marchese, CEO of Caliche. "We want to thank our long-standing partners Orion Infrastructure Capital and GCM Grosvenor for supporting our significant growth over the course of their investments, and we're excited to keep executing our strategy as a growing platform powered by Sixth Street."
"我們繼續滿足天然氣和工業氣體存儲的不斷增長需求,包括氦和氫,並通過我們對安全性、可交付性和資產完整性的承諾爲低環境影響形式的能源提供基礎設施",Caliche的首席執行官Dave Marchese說道。"我們要感謝我們長期的合作伙伴Orion Infrastructure Capital和GCm Grosvenor,在他們的投資期間支持我們的顯著增長,我們很高興能夠繼續踐行我們的策略,成爲又一家由Sixth Street驅動增長的企業平台。"
Sixth Street's Infrastructure team utilizes the firm's long-term, flexible capital to deliver scaled solutions for companies across the power, midstream, renewables, transportation, and digital sectors. "Caliche supports key trends driving the future of global energy, including the export of domestically produced LNG to international markets and ensuring stable electricity delivery to consumers as renewable generation resources come onto the grid," said Richard Sberlati, Partner at Sixth Street. "The company's success comes from a combined 65 years of collective storage experience, and we look forward to partnering with the company's management as they further grow the business."
Sixth Street基礎設施團隊利用公司的長期、靈活的資本,爲電力、中游、可再生能源、運輸、數字等領域的公司提供擴展解決方案。"Caliche支持推動全球能源未來的關鍵趨勢,包括出口國內生產的液化天然氣到國際市場以及確保可再生髮電資源接入電網後向消費者提供穩定的電力輸送",Sixth Street合夥人Richard Sberlati說道。"公司的成功源自於65年的綜合儲存經驗,我們期待與公司管理層合作,將業務進一步擴展。"
Sixth Street's investment will be completed in stages: the Texas business is expected to close in late 2024 and California in mid-2025, subject to all necessary state regulatory approvals.
Sixth Street的投資將分階段完成:得克薩斯州業務預計將在2024年底關閉,加利福尼亞州業務預計在2025年中期關閉,具體視所有必要的州監管部門的批准而定。
Barclays served as exclusive financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Caliche. Wells Fargo served as exclusive financial advisor and Vinson & Elkins LLP served as legal counsel to Sixth Street.
Barclays擔任Caliche的獨家財務顧問,Willkie Farr & Gallagher LLP擔任法律顧問。富國銀行擔任Sixth Street的獨家財務顧問,Vinson & Elkins LLP擔任法律顧問。
About Caliche
Caliche is an acquisition and development company focused on the underground storage of natural gas, industrial gases like hydrogen and helium, and carbon sequestration. Based in Houston, TX, Caliche's projects are located in Jefferson County on the US Gulf Coast (Golden Triangle Storage, GTS and Caliche CO2 Sequestration) and in Colusa County, CA (Central Valley Gas Storage, CVGS). The Caliche management team previously developed and sold its underground storage business (Coastal Caverns) on the historic Spindletop salt dome in Beaumont.
關於Caliche
Caliche是一家收購和開發公司,專注於天然氣、氫氣與氦氣等工業氣體的地下儲存和碳封存。總部位於德克薩斯州休斯頓,Caliche的項目位於美國墨西哥灣的傑斐遜縣(金三角儲存,GTS和Caliche CO2封存)以及加利福尼亞州科盧薩縣(中央山谷氣體儲存,CVGS)。Caliche管理團隊曾經開發並銷售其在博蒂吞島歷史性的斯平德爾拓普鹽穴中的地下儲存業務(Coastal Caverns)。
About Sixth Street
Sixth Street is a leading global investment firm with over $75 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has 600 team members including over 200 investment professionals operating around the world. For more information, follow Sixth Street on social media and visit .
關於Sixth Street
Sixth Street是一家全球領先的投資公司,管理資產超過750億美元。這家公司利用其長期的靈活資本、數據啓動的能力和One Team文化,爲所有增長階段的公司開發主題並提供解決方案。Sixth Street成立於2009年,擁有600名團隊成員,其中包括全球200多名投資專業人員。更多信息,請關注Sixth Street社交媒體並訪問。
SOURCE Caliche Development Partners, LLC
Caliche Development Partners,LLC來源。