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Purchased for $305.8 million and supported by a 25-year guaranteed take-or-pay throughput agreement, the assets access a critical pipeline and marine network and significantly increase Global’s operating footprint
WALTHAM, Mass.–(BUSINESS WIRE)– Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today announced the completion of its previously announced acquisition of 25 liquid energy terminals from Motiva Enterprises LLC (“Motiva”).
Global Partners launches this year’s competition, asks college and grad students to submit design concepts for the fuel station of 2030
This year’s competition is now open! Global Partners is hosting a student design contest with scholarship prizes for undergraduate and graduate students attending schools in the Northeast. Transportation is changing quickly. Full Story » “Fuel the Future 2030: A New Student Design Competition”
As part of its efforts to diversify into more alternative fuels, Global Partners has activated its first company-owned electric vehicle charging station. The DC fast-charging station, which includes two vehicle chargers, is located at Global’s XtraMart convenience and fueling station at 280 Providence St. in Worcester, Massachusetts.
“As we transition our energy sources, Global plans on moving its business into those alternative energy sources, whether they’re electric or renewable liquid fuels,” said Global CEO Eric Slifka at a ribbon-cutting event on Sept. Full Story » “Global unveils its first company-owned EV charging station in Worcester”
The low-carbon fuel offers up to 78 percent fewer greenhouse gases and a pathway for helping New York achieve climate goals
New York’s ambitious climate change goals have been well documented – the state is striving for an 85% reduction in greenhouse gas emissions by 2050, with an interim target of 40% by 2030. Full Story » “Renewable Diesel Comes to New York”
The past year wasn’t without its challenges – think supply chain constraints, inflation, a tough labor market and the war in Ukraine – but all in all, 2022 was a fruitful and successful year for Global Partners.
One way to look at some of the highlights from Global’s 2022 is through numbers: