Macquarie Infrastructure Partners VI Exercises Option to Increase Equity Stake in Diamond Infrastructure Solutions to 49%
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Diamond Infrastructure Solutions leverages Dow’s operational excellence and Macquarie Asset Management’s infrastructure and energy expertise to generate growth opportunities by opening access to Dow’s
U.S. Gulf Coast sites to third party customers -
Dow to receive total cash proceeds of approximately
$US3.0 billion , inclusive of$US2.4 billion related to initial40% equity stake
Diamond is a specialist infrastructure provider to Dow and other industrial customers at its five locations in
"In the four months since the joint venture between MAM and Dow was established, Diamond has established itself as an independent company focused on delivering world class infrastructure services and has already attracted a number of new unaffiliated customers,” said Ben Way, Global Head of Macquarie Asset Management. “We are thrilled to have the opportunity to increase our investment in Diamond as it grows its presence as the premier chemical park operator in
Macquarie Asset Management is a leading global infrastructure asset manager with a focus on operational excellence. It prioritizes investments in high quality, essential assets that can be improved over time and deliver growth and reliable service to customers, as well as the health and safety of employees. Macquarie Asset Management has specific experience in managing and operating industrial parks, regulated utilities and other industry-oriented infrastructure platforms. Over the last 22 years, Macquarie Asset Management has invested or committed $US26+ billion in more than 60 portfolio companies across the
BMO Capital Markets acted as exclusive financial advisor to Macquarie Asset Management and Sidley Austin LLP acted as legal counsel.
About Macquarie Asset Management
Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately
Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 19,000 people in 34 markets and is listed on the Australian Securities Exchange.
All figures as at 31 March 2025.
Cautionary Statement about Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements often address expected future business and financial performance, financial condition, and other matters, and often contain words or phrases such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “opportunity,” “outlook,” “plan,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “will be,” “will continue,” “will likely result,” “would” and similar expressions, and variations or negatives of these words or phrases.
Forward-looking statements are based on current assumptions and expectations of future events that are subject to risks, uncertainties and other factors that are beyond Dow’s control, which may cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements and speak only as of the date the statements were made. These factors include, but are not limited to: sales of Dow’s products; Dow’s expenses, future revenues and profitability; any global and regional economic impacts of a pandemic or other public health-related risks and events on Dow’s business; any sanctions, export restrictions, supply chain disruptions or increased economic uncertainty related to the ongoing conflicts between
Where, in any forward-looking statement, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. A detailed discussion of principal risks and uncertainties which may cause actual results and events to differ materially from such forward-looking statements is included in the section titled “Risk Factors” contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, and the Company's subsequent Quarterly Reports on Form 10-Q. These are not the only risks and uncertainties that Dow faces. There may be other risks and uncertainties that Dow is unable to identify at this time or that Dow does not currently expect to have a material impact on its business. If any of those risks or uncertainties develops into an actual event, it could have a material adverse effect on Dow’s business. Dow Inc. and The Dow Chemical Company and its consolidated subsidiaries assume no obligation to update or revise publicly any forward-looking statements whether because of new information, future events, or otherwise, except as required by securities and other applicable laws.
1 Total count of distinct infrastructure businesses (realized and unrealized) owned by private infrastructure funds investing in the
View source version on businesswire.com: https://www.businesswire.com/news/home/20250902266450/en/
Media Contact:
Lee Lubarsky
Macquarie Asset Management
lee.lubarsky@Macquarie.com
+1-347-302-3000
Rachel Waxman
Macquarie Asset Management
Rachel.Waxman@Macquarie.com
+1-310-800-4512
Source: Macquarie Asset Management
