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Home Finance Jefferson Energy Clinches USD Group’s Port Arthur Crude Terminal and Alberta DRU Stake in $255MM Deal
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Jefferson Energy Clinches USD Group’s Port Arthur Crude Terminal and Alberta DRU Stake in $255MM Deal

September 30, 20264 Mins read20
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FTAI Infrastructure's Jefferson energy platform is buying a rail-fed crude oil terminal in Port Arthur and a half-stake in the Alberta processing plant that supplies it, a largely debt-financed deal the company says will more than double the earnings of its Southeast Texas terminal business.

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