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Mystery shrouds $56m Marsden Pt option holder

A small, secretive US company has been mulling the purchase of refinery assets for more than a year.

Channel Infrastructure has permanently decommissioned its refinery at Marsden Pt.

Tim Hunter Mon, 15 Jul 2024

As Channel Infrastructure awaits a decision from the holder of a US$33.9 million ($56m) option on its decommissioned refinery equipment, the identity of the ultimate potential buyer remains unclear.

The fuel terminal operator’s latest statement on the deal was on July 5, when it said it had

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Tim Hunter Mon, 15 Jul 2024
Contact the Writer: thunter@nbr.co.nz
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Mystery shrouds $56m Marsden Pt option holder
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