Vopak and BlackRock's GEPIF successfully completed the acquisition of three industrial terminals from Dow on the U.S. Gulf Coast
Vopak and BlackRock's GEPIF successfully completed the acquisition of three industrial terminals from Dow on the U.S. Gulf Coast Rotterdam, the Netherlands, 2 December 2020 Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund (GEPIF) successfully completed the earlier announced acquisition of three industrial terminals from Dow (NYSE: DOW) on the U.S. Gulf Coast. This acquisition was announced on 14 September 2020.Dow had selected the new 50/50 joint venture of Royal Vopak and BlackRock's GEPIF to acquire three major industrial terminals on the U.S. Gulf Coast for the amount of USD 620 million. The name of the new joint venture is Vopak Industrial Infrastructure
