Energy Acquisitions in South Carolina

DTN has acquired a controlling interest in Tandem Concepts, a Charleston-based AI-powered platform that automates order entry and terminal/carrier integrations for refined fuel logistics. The deal expands DTN’s Fuel Operations Hub by adding terminal-to-retail intelligence and enabling real-time, reservation-based ordering across the downstream fuel supply chain.

IFM Net Zero Infrastructure Fund (part of IFM Investors) has signed a definitive agreement to acquire a majority interest in GreenGasUSA, a Charleston-based developer, owner and operator of renewable natural gas (RNG) projects. The investment, NZIF's first in the low carbon fuels sector, will provide capital to expand GreenGas's footprint of RNG projects and support long-term growth while the company's founder and CEO Marc Fetten remains in place.

Ara Partners has acquired a majority ownership interest in Lincoln Terminal Holdings, LP, a Greenville, South Carolina-based provider of renewable fuel rail transloading and storage facilities. Ara committed additional capital to support significant expansion of Lincoln's renewable fuel infrastructure footprint across the Southeast and Mid-Atlantic United States.

Ingevity Corporation acquired the assets of Adsorbed Natural Gas Products, Inc. (ANGP) of Johns Island, South Carolina. The asset purchase brings ANGP's adsorbed natural gas (ANG) bi-fuel vehicle technology and team (including CEO Bob Bonelli) into Ingevity to accelerate commercialization and broaden its automotive carbon and ANG capabilities; terms were not disclosed.