Sixth Street had previously closed on its acquisition of Caliche in October 2024. The deal included the Golden Triangle Storage complex in Beaumont, Texas. (Source: Shutterstock)
Global investment firm Sixth Street’s portfolio company Caliche Development Partners has completed its deal to buy Central Valley Gas Storage, the firm said March 18.
Caliche’s operations involve the underground storage of natural gas, industrial gases like hydrogen and helium and carbon sequestration. The company’s assets are located along the Gulf Coast in Jefferson County, Texas, and in Colusa County, California.
Sixth Street had previously closed on its acquisition of Caliche in October 2024. The deal included the Golden Triangle Storage complex in Beaumont, Texas.
Both the Central Valley Gas Storage, located in Princeton, California, and the Golden Triangle will continue to be operated by Caliche.
Recommended Reading
Howard Energy Partners Closes on Deal to Buy Midship Interests
2025-02-13 - The Midship Pipeline takes natural gas from the SCOOP/STACK plays to the Gulf Coast to feed demand in the Southeast.
Apollo Funds Acquires NatGas Treatment Provider Bold Production Services
2025-02-12 - Funds managed by Apollo Global Management Inc. have acquired a majority interest in Bold Production Services LLC, a provider of natural gas treatment solutions.
VAALCO Acquires 70% Interest in Offshore Côte D’Ivoire Block
2025-03-03 - Vaalco Energy announced a farm-in of CI-705 Block offshore West Africa, which it will operate under the terms of an acquisition agreement.
ConocoPhillips to Sell Interests in GoM Assets to Shell for $735MM
2025-02-21 - ConocoPhillips is selling to Shell its interests in the offshore Ursa and Europa fields in the Gulf of Mexico for $735 million.
Shell Completes Deal to Buy Power Plant in Rhode Island
2025-01-24 - Shell has completed its previously announced acquisition to buy a 609-megawatt combined cycle gas turbine power plant in Rhode Island from RISEC Holdings.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.