A fund managed by Macquarie Asset Management has plans to acquire a 40 percent equity stake in the U.S. Gulf Coast (USGC) infrastructure assets of Dow Inc.
This new partnership, known as Diamond Infrastructure Solutions, will be a specialist infrastructure provider to Dow and other industrial customers at its five locations in Texas and Louisiana, offering comprehensive services to its tenants with a focus on efficiency, reliability and safety. As a dedicated infrastructure company, Diamond will be a new business model with greater strategic focus on operational efficiencies and new customer acquisition.
Diamond is composed of certain nonproduct-producing assets (power and steam production, pipelines, environmental operations and general site infrastructure). Pipeline and storage assets span across the USGC, with connections to major natural gas, natural gas liquids (NGL) and olefin hubs.
“As a long-term owner of essential infrastructure, we recognize the valu
