Valero Energy
Valero Energy Corporation, headquartered in San Antonio, Texas, is a leading global manufacturer and marketer of transportation fuels and petrochemical products. It operates 15 refineries worldwide with a combined throughput capacity of approximately 3.2 million barrels per day, producing a wide range of products including gasoline, diesel, jet fuel, and petrochemicals. Valero markets these products through wholesale rack and bulk markets, as well as through approximately 7,000 retail outlets under various brand names. Additionally, the company produces and sells ethanol and renewable diesel, operating 12 ethanol plants and a 50% stake in a renewable diesel facility. Valero's integrated logistics assets, including pipelines and terminals, support its refining operations, predominantly in the U.S. Gulf Coast and midcontinent. The company employs around 10,500 people and is a Fortune 500 company.
Top Stages
Past deals in Fossil fuels
Pure Biofuels Del Peru
Acquisition in 2018
Pure Biofuels Del Peru is a third largest fuels importer in Peru, maintains a leading supply platform with a base of over 500 customers, including retailers, miners, and airlines. The transaction, which was funded with cash, also includes refined products terminals in Callao, near Lima, and in Paita, near Piura in northern Peru.
ZeaChem
Series B in 2009
ZeaChem is focused on developing sustainable alternatives to petroleum-based fuels and chemicals, utilizing renewable biomass sources such as wood chips, wheat straw, corn stover, and grasses. The company employs a proprietary fermentation process that converts all carbon in the sugars into end products, resulting in high yields and making its products competitive with traditional fossil fuels, even without subsidies. By targeting the $1 trillion chemicals and fuels markets, ZeaChem aims to provide high-margin solutions that address environmental concerns while maintaining economic viability.
Premcor
Acquisition in 2005
Premcor is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, petroleum coke and other petroleum products in the United States. The company owns and operates refineries in Port Arthur, Texas, Lima, Ohio, Memphis, Tennessee and Delaware City, Delaware with a combined crude oil throughput capacity of approximately 790,000 barrels per day.
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