CyberFuels Announces That It Has Received a Non-Binding Indicative Offer From Mabanaft for a Joint Venture in CyberFuels' Planned "Port Tampa Energy" Terminal
CyberFuels (CBRF) has received a non-binding indicative offer from Mabanaft GmbH & Co. KG to purchase a minority interest in a planned joint venture for the "Port Tampa Energy" terminal in Tampa, Florida. The terminal, acquired by CyberFuels on December 29, 2023, spans 72 acres of strategically located land with access to airports and marine industry.
The potential partnership aims to leverage Mabanaft's global network and energy expertise to support West Florida's growing economy. The deal remains subject to certain conditions precedent and necessary regulatory approvals. Both companies share a vision for sustainable energy solutions, with Mabanaft viewing this as an opportunity to expand their low-carbon investments in the US market.
CyberFuels (CBRF) ha ricevuto un'offerta indicativa non vincolante da parte di Mabanaft GmbH & Co. KG per l'acquisto di una quota di minoranza in una joint venture pianificata per il terminal "Port Tampa Energy" a Tampa, Florida. Il terminal, acquisito da CyberFuels il 29 dicembre 2023, si estende su 72 acri di terreno strategicamente posizionato con accesso ad aeroporti e all'industria marittima.
La potenziale collaborazione mira a sfruttare la rete globale e l'esperienza energetica di Mabanaft per supportare l'economia in crescita della Florida occidentale. L'accordo è soggetto a determinate condizioni sospensive e alle necessarie approvazioni regolamentari. Entrambe le aziende condividono una visione per soluzioni energetiche sostenibili, con Mabanaft che considera questa opportunità come un modo per espandere i propri investimenti a basse emissioni di carbonio nel mercato statunitense.
CyberFuels (CBRF) ha recibido una oferta indicativa no vinculante de Mabanaft GmbH & Co. KG para adquirir una participación minoritaria en una empresa conjunta planificada para la terminal "Port Tampa Energy" en Tampa, Florida. La terminal, adquirida por CyberFuels el 29 de diciembre de 2023, abarca 72 acres de terreno estratégicamente ubicado con acceso a aeropuertos y la industria marítima.
La posible asociación busca aprovechar la red global y la experiencia energética de Mabanaft para apoyar la creciente economía del oeste de Florida. El acuerdo está sujeto a ciertas condiciones previas y a las aprobaciones regulatorias necesarias. Ambas compañías comparten una visión de soluciones energéticas sostenibles, y Mabanaft ve esta oportunidad como una forma de ampliar sus inversiones bajas en carbono en el mercado estadounidense.
CyberFuels (CBRF)는 Mabanaft GmbH & Co. KG로부터 플로리다 탬파의 "Port Tampa Energy" 터미널에 대한 계획된 합작 투자에서 소수 지분을 인수하는 비구속적 표시 제안을 받았습니다. 이 터미널은 2023년 12월 29일 CyberFuels가 인수했으며, 공항 및 해양 산업에 접근 가능한 전략적 위치의 72에이커 부지에 걸쳐 있습니다.
이번 잠재적 파트너십은 Mabanaft의 글로벌 네트워크와 에너지 전문 지식을 활용하여 서부 플로리다의 성장하는 경제를 지원하는 것을 목표로 합니다. 거래는 특정 전제 조건과 필요한 규제 승인에 따라 진행됩니다. 양사는 지속 가능한 에너지 솔루션에 대한 비전을 공유하며, Mabanaft는 이를 미국 시장에서 저탄소 투자를 확대할 기회로 보고 있습니다.
CyberFuels (CBRF) a reçu une offre indicative non contraignante de la part de Mabanaft GmbH & Co. KG pour l'achat d'une participation minoritaire dans une coentreprise prévue pour le terminal "Port Tampa Energy" à Tampa, en Floride. Le terminal, acquis par CyberFuels le 29 décembre 2023, s'étend sur 72 acres de terrain stratégiquement situé avec un accès aux aéroports et à l'industrie maritime.
Le partenariat potentiel vise à tirer parti du réseau mondial et de l'expertise énergétique de Mabanaft pour soutenir l'économie en croissance de l'ouest de la Floride. L'accord reste soumis à certaines conditions suspensives et aux approbations réglementaires nécessaires. Les deux entreprises partagent une vision commune pour des solutions énergétiques durables, Mabanaft voyant cette opportunité comme un moyen d'élargir ses investissements bas carbone sur le marché américain.
CyberFuels (CBRF) hat ein unverbindliches indikatives Angebot von Mabanaft GmbH & Co. KG erhalten, um eine Minderheitsbeteiligung an einem geplanten Joint Venture für den Terminal "Port Tampa Energy" in Tampa, Florida, zu erwerben. Der Terminal, der am 29. Dezember 2023 von CyberFuels erworben wurde, erstreckt sich über 72 Acres strategisch gelegenes Land mit Zugang zu Flughäfen und der maritimen Industrie.
Die potenzielle Partnerschaft zielt darauf ab, das globale Netzwerk und die Energieexpertise von Mabanaft zu nutzen, um die wachsende Wirtschaft Westfloridas zu unterstützen. Der Deal steht unter dem Vorbehalt bestimmter aufschiebender Bedingungen und notwendiger behördlicher Genehmigungen. Beide Unternehmen teilen eine Vision für nachhaltige Energielösungen, wobei Mabanaft dies als Chance sieht, ihre kohlenstoffarmen Investitionen auf dem US-Markt auszubauen.
- Strategic 72-acre terminal location with access to airports and marine industry
- Partnership with global energy company Mabanaft could enhance business opportunities
- Potential access to Mabanaft's worldwide network and energy expertise
- Alignment with sustainable energy transition goals
- Offer is non-binding and subject to conditions precedent
- Deal requires regulatory and management approvals
- Exact terms of minority interest not disclosed
PALM BEACH GARDENS, FLORIDA / ACCESS Newswire / May 8, 2025 / CyberFuels Holding Company, Inc. (OTC PINK:CBRF) ("the Company") is pleased to announce that CyberFuels, Inc., a wholly-owned subsidiary of the Company, ("CyberFuels") has received a non-binding indicative offer from Mabanaft GmbH & Co. KG (‘Mabanaft"), a global energy company, to potentially purchase a minority interest in a planned future joint venture between at least CyberFuels and Mabanaft or an affiliate company. As part of the minority interest, CyberFuel's "Port Tampa Energy" terminal could be jointly operated. The terminal will be located in Tampa, Florida. This indicative offer is contingent on certain Conditions Precedent, which CyberFuels believes it either currently meets or expects to meet and remains subject to obtaining all necessary regulatory and management approvals.
The Company closed on the purchase of its newly founded "Port Tampa Energy" terminal on December 29, 2023. It announced on June 24, 2024 that it expected to enter into a joint venture agreement with a third party that could enhance the business opportunities of its new terminal. It is the Company's intention that Mabanaft, as a potential future partner in its project, will be able to use its worldwide network and energy expertise to support the Tampa regional market by providing fuels to the growing local economy of West Florida.
Ronald Mills, Sr., CEO of the Company stated "that everyone at CyberFuels is very pleased that Mabanaft continues to express an ongoing interest in becoming CyberFuels' potential JV Partner in its 'Port Tampa Energy' terminal. Both of our companies share a similar vision of tomorrow's energy solutions that will create a more sustainable world and a brighter future for generations to come."
"Our proposed minority interest in CyberFuels' 'Port Tampa Energy' terminal is a natural fit with our strategy to drive the energy transition through smart infrastructure and engineering excellence. The planned joint venture provides a strategic entry into Florida's vibrant economy, with 72 acres of well-located land with access to airports and the marine industry. Combined with our proven track record in low carbon investments in Europe and the US, we see this as a compelling opportunity to scale alternative fuel solutions and build a resilient, low carbon energy future," said Philipp Kroepels, Director New Energy, Mabanaft.
About: CyberFuels Holding Company, Inc.
Our vision is to be the leading provider of sustainable energy solutions that bridge the gap to a better future. We are committed to offering our customers green energy and sustainable eFuels that reduce their carbon footprint and promote environmental sustainability. We envision a future where our customers can rely on our products and services to power their homes, businesses, and communities without compromising on safety, reliability, or affordability. Our goal is to empower our customers to make responsible and informed choices that will benefit themselves, their communities, and the environment. Through innovation, collaboration, and a commitment to sustainability, we will create a brighter, cleaner, and more sustainable future for generations to come.
ABOUT MABANAFT:
The Mabanaft Group is a leading independent and integrated global energy company, providing its customers with tailored energy solutions for their transportation, heating, industrial and agricultural needs. The group is active in the import, distribution and marketing of petroleum products, chemicals and biofuels, and supports its customers' transition to cleaner fuels by providing alternative long-term solutions.
Safe Harbor:
Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Act of 1995. When used in this press release, the words or phrases "will likely result," "expected to," "will continue," "anticipated," "estimated," "projected," "intends," "plans," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to, economic conditions, dependence on management, dilution to shareholders, lack of capital, changes in laws or regulations, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth, demand for products and services of the Company, newly developing technologies, its ability to compete, conflicts of interest related to related party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition, the ability of the Company to obtain additional financing, the financial implications of a joint venture structure, as well as its ability to attract and contract with potential storage customers. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release.
Contact Information
Bill Robertson
Investor Relations
604-837-3835
SOURCE: CyberFuels Holding Company, Inc.
View the original press release on ACCESS Newswire
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