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Dow teams with Macquarie for $2.4B infrastructure deal, enhancing Texas and Louisiana sites.
Dow has partnered with Macquarie Asset Management to create Diamond Infrastructure Solutions, offering services at Dow's five Texas and Louisiana sites.
Macquarie will acquire a 40% stake in Dow's Gulf Coast infrastructure, with an option to raise it to 49% within six months, for $2.4 billion, potentially reaching $3 billion.
The deal, set for mid-2025, combines Dow's operational skills with Macquarie's infrastructure expertise, focusing on safety and efficiency.
5 months ago
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