Global Partners (GLP) Acquires Gulf Oil Terminals Worth $212M
GLPGlobal Partners LP(GLP) Zacks Investment Research·2024-04-12 22:26

Global Partners LP (GLP) , a U.S.-based midstream energy company, has closed the acquisition of four liquid energy terminals from Gulf Oil Limited Partnership in a deal worth $212.3 million. The partnership mentioned that the strategic locations of the acquired terminals will aid GLP’s position in key areas of the energy economy of the Northeast United States. The terminals are located in Chelsea, MA; New Haven, CT; and Linden and Woodbury, NJ. These terminals, which boast a combined shell capacity of 3 mil ...