Sapphire Gas Solutions Acquires EDGE LNG, Expanding Vertically Integrated Mobile LNG Liquefaction Capabilities

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeBusiness Wire News ReleasesPMN Press ReleasesThis section is The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Sapphire Gas Solutions Acquires EDGE LNG, Expanding Vertically Integrated Mobile LNG Liquefaction CapabilitiesAuthor of the article:CONROE, Texas — Sapphire Gas Solutions (“Sapphire”), a leading provider of distributed energy infrastructure, today announced the acquisition of EDGE LNG (“EDGE”), from affiliates of Blue Water Energy. EDGE is a Texas-based LNG company that provides liquefaction, delivery and vaporization services to customers through modular and mobile liquefied natural gas (“LNG”) equipment.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe acquisition of EDGE expands Sapphire’s LNG capabilities by adding approximately 200,000 gallons of daily LNG liquefaction capacity through modular equipment currently serving clients in the Southern U.S. This acquisition further strengthens Sapphire’s vertically integrated model connecting customers to LNG.“This acquisition progresses Sapphire’s strategy to be a fully integrated LNG supplier for our customers,” said Sam Thigpen, CEO of Sapphire Gas Solutions. “By controlling the supply chain from production through delivery, we can provide true vertical integration and a more complete, unified service. We control the supply chain rather than relying on multiple third parties at different points in the process. That level of control, flexibility and accountability is unmatched in the industry today, enabling Sapphire to better serve our customers.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“Having established EDGE as one of the first LNG distributors of its kind in the U.S., we are pleased to pass ownership to the team at Sapphire Gas Solutions and wish them every success for the future,” said Salil Oberoi, Partner at Blue Water Energy. “EDGE is a natural fit within Sapphire’s suite of turnkey gas supply solutions, and we are confident the business will continue to support and accelerate the company’s growth.”EDGE’s modular, skid-mounted plant design enables rapid deployment and scalable production to meet changing customer requirements, providing customers with flexible LNG solutions in locations where traditional natural gas infrastructure may not be readily available.“Demand for distributed energy is growing rapidly, particularly in markets where customers need reliable power and traditional infrastructure cannot keep pace,” Thigpen added. “The acquisition gives us production assets in two strategically important regions allowing us to connect those assets directly to our distribution capabilities and customers. We are building an LNG platform that is designed around the customer, from the source of supply all the way to the point of use.”The acquisition is part of Sapphire’s growth strategy following its recently announced strategic partnership with Antin Infrastructure Partners (“Antin”), a leading private equity firm focused on infrastructure.About Sapphire Gas SolutionsSapphire Gas Solutions is a leading provider of distributed energy infrastructure and mobile natural gas solutions. Headquartered in Conroe, Texas, Sapphire operates across 30 states and serves more than 120 customers across utility, commercial and industrial, and renewable natural gas sectors. Sapphire provides CNG, LNG and RNG solutions designed to deliver reliable, flexible energy to customers where and when they need it. Through its expanding network of production, transportation, storage and distribution assets, Sapphire is building a vertically integrated energy infrastructure platform serving some of the nation’s most critical and energy-intensive industries. www.sapphiregassolutions.comView source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

Original Source

Read the full article at Financialpost →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.