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Global Partners Announces Cash Distributions on Series A and B Preferred Units
WALTHAM, Mass.–(BUSINESS WIRE)– Global Partners LP (NYSE: GLP) (the “Partnership”) announced today that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a cash distribution of $0.609375 per unit ($2.4375 per unit on an annualized basis) on the Partnership’s Series A preferred units for the period from May 15,… Read More »
Renewable Diesel Comes to New York
New York’s ambitious climate change goals have been well documented – the state is striving for an 85% reduction in greenhouse gas emissions by 2050, with an interim target of 40% by 2030. Less clear is how the state plans to achieve its goals. Enter Global Partners LP (NYSE: GLP). The regional energy leader is bringing renewable diesel (RD) into its terminal in Albany, New York, a short drive away from the policymakers on State Street. The RD and RD blends will be sold wholesale for a limited time. Global views it as an important moment for several reasons. … Read More »
