Keystone Properties announces partnership with Orion Energy Partners

Keystone Properties has announced a strategic financial partnership with Orion Energy Partners which will see Orion Energy provide capital to enable Keystone to better service its existing customers and invest in additional facilities for continued growth and expansion.

Keystone is the owner and operator of the Keystone Jacksonville Terminal, a 110-acre, deep-water, intermodal commodity terminal located on the St. John’s River in Jacksonville, Florida. Keystone provides vessel, truck and train loading / unloading and commodity storage for various shippers under long-term contracts. Orion Energy provides creative credit solutions to North American and select international middle market energy infrastructure companies, delivering access to needed capital.

Keystone’s Owner, President and CEO, Tom Scholl said: “Keystone is pleased to partner with Orion Energy as we continue to expand and develop the Keystone Jacksonville Terminal, including the addition of a second berth. With Orion Energy’s support, Keystone is now in a superior position to service our existing customers and grow our business in the years to come.”

Senior Vice President for Orion Energy, Ethan Shoemaker said: “The Keystone Jacksonville Terminal is a unique energy infrastructure asset with strong customer relationships and an impressive track record of growth. Orion Energy is pleased to partner with Keystone and provide liquidity to help the Company to better service its existing customers and take advantage of several identified opportunities to grow and develop the business.”

CEO of Orion Energy, Nazar Massouh said: “The Keystone transaction fits our fund’s strategic objective to invest in successful privately owned energy infrastructure businesses in North America with low risk profiles and considerable upside potential.”

For more information visit www.OrionEnergyPartners.com

10th April 2017