Pasadena Performance Products LLC

Traveler Alkylate Gas Facility - TL

Industry
Chemicals/Petrochemicals/Chemicals/Petrochemicals
Area of finance
Project & Infrastructure Finance
Country
United States

Deal Overview

Pasadena Performance Products, which is owned directly by Next Wave Energy Partners, a portfolio company of Energy Capital Partners, has signed a debt facility to finance a petrochemicals project in Pasadena  near the Houston Ship Canal. The project, a 28,000 BPD nameplate capacity plant to...

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Pasadena Performance Products, which is owned directly by Next Wave Energy Partners, a portfolio company of Energy Capital Partners, has signed a debt facility to finance a petrochemicals project in Pasadena  near the Houston Ship Canal. The project, a 28,000 BPD nameplate capacity plant to convert ethylene and isobutane into premium alkylate, a high-value gasoline blending component, will be the world’s first stand-alone alkylation complex.

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Deal Volume
$ 523.63m
Financial Close
15 May 2020
Sources
Proximo article, Submitted by participant(s)

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Projects

Traveler Alkylate Gas Facility

Greenfield
Chemicals/Petrochemicals
United States
$ 1.01bn