Tailwater Capital
Jul 25, 20231 min
Tailwater Capital LLC, an energy and growth-infrastructure private-equity firm, announced July 25 a partnership with Ash Creek Renewables, a platform dedicated to developing renewable fuel feedstock solutions to meet the demands of the growing renewable fuels market.
Ash Creek serves North American renewable diesel and sustainable aviation fuel (SAF) producers through its feedstock marketing, distribution, pretreatment and logistics operations.
The company is led by CEO John Cusick, who has over 20 years of experience in the low-carbon fuels sector.
Previously, Cusick was an owner of The Jacobsen, the leading consultancy for the renewable fuels industry.
Prior to The Jacobsen, Cusick held senior positions at Renewable Biofuels Inc., Glencore and Morgan Stanley.
“We are thrilled to partner with Tailwater as we embark on this exciting new chapter,” Cusick said.
“Pairing Ash Creek’s deep industry knowledge, capabilities and multidecade relationships in the renewable fuels industry with Tailwater’s experience in downstream-adjacent infrastructure creates an ideal partnership to execute our strategy,” he continued.
Edward Herring, co-founder and managing partner of Tailwater, added, “Ash Creek will make an incredible addition to our portfolio and aligns well with our growth-infrastructure expertise that has been developed through over a decade of investing in the downstream-adjacent infrastructure, renewable fuels, and logistics sectors. We are excited to partner with Ash Creek as they continue to develop meaningful solutions for renewable fuel producers.”