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原文传递 Blueknight Energy Partners to grow asphalt terminals

题名：	Blueknight Energy Partners to grow asphalt terminals
正文语种：	eng
摘要：	Blueknight Energy Partners recently agreed to acquire an asphalt terminal and 200-acre industrial park in Colorado. In addition, through a separate agreement, Blueknight says it will expand the storage, logistics, and product capabilities at one of its existing asphalt terminals. The projects were approved by Blueknight's board of directors, the company said. The combined capital requirements for the two growth projects are expected to range between $14 million and $16 million initially, with potential future expansion opportunities ranging between $5 million and $10 million in additional growth capital. The projects will be funded with borrowings available under Blueknight's revolving credit facility and are expected to deliver attractive investment returns in-line with management's long-term targets. The weighted-average customer contract term related to the two projects is approximately eight years, Blueknight added. "We are pleased to announce projects that showcase our ability to identify and execute accretive opportunities with high-quality customers that fully align with our growth strategy and further enhance Blueknight s asphalt ternunalling portfolio," said Andrew Woodward, Blueknight CEO.
出版年：	2022
期刊名称：	Bulk Transporter
卷：	84
期：	6
页码：	12-12