(WO) — Sapphire Gasoline Options has acquired EDGE LNG from associates of Blue Water Vitality, including roughly 200,000 gal/day of LNG liquefaction capability to its distributed pure fuel operations.
Texas-based EDGE gives LNG liquefaction, supply and vaporization companies utilizing modular and cellular tools. Its liquefaction property at present serve clients throughout the southern U.S., increasing Sapphire’s potential to handle LNG provide from manufacturing via supply.
EDGE’s skid-mounted modular vegetation might be quickly deployed and scaled primarily based on buyer necessities, together with in areas the place conventional pure fuel infrastructure is proscribed or unavailable.
“This acquisition progresses Sapphire’s technique to be a completely built-in LNG provider for our clients,” mentioned Sam Thigpen, CEO of Sapphire Gasoline Options. “By controlling the provision chain from manufacturing via supply, we will present true vertical integration and a extra full, unified service.”
Sapphire mentioned the acquisition provides the corporate manufacturing property in two strategic areas that may be related immediately with its current LNG distribution capabilities.
The transaction follows Sapphire’s just lately introduced strategic partnership with infrastructure-focused personal fairness agency Antin Infrastructure Companions. Monetary phrases of the EDGE acquisition weren’t disclosed.