Access here alternative investment news about Global Partners Closes $212mm Acquisition Of 4 Gulf Oil Terminals
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The assets will 'further enhance Global's position in the energy economy of the Northeast'. : Massachusetts-based Global Partners LP has completed its $212.3 million acquisition of four liquid energy terminals from Gulf Oil Limited Partnership. The terminals are strategically located in Chelsea, Massachusetts; New Haven, Connecticut; and Linden and Woodbury, New Jersey. The assets “will further enhance Global’s position in the energy economy of the Northeast,” the partnership said in a news release Tuesday. With a combined shell capacity of approximately 3.0 million barrels, the terminals expand Global’s ability to store and distribute gasoline, distillates, and ethanol, it said.