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Global Partners launches this year’s competition, asks college and grad students to submit design concepts for the fuel station of 2030
This year’s competition is now open! Global Partners is hosting a student design contest with scholarship prizes for undergraduate and graduate students attending schools in the Northeast. Transportation is changing quickly. Full Story » “Fuel the Future 2030: A New Student Design Competition”
WALTHAM, Mass.–(BUSINESS WIRE)– Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the third quarter ended September 30, 2023.
“Our team delivered solid results in Q3, which was in line with our expectations in a more normalized market compared with last year,” said Eric Slifka, the Partnership’s President and Chief Executive Officer. Full Story » “Global Partners Reports Third-Quarter 2023 Financial Results”
Underpinned by a 25-year guaranteed take-or-pay throughput agreement, the strategically located assets will significantly increase Global’s operating footprint
WALTHAM, Mass.–(BUSINESS WIRE)– Global Partners LP (“Global”) (NYSE:GLP), an integrated storage, distribution and retail liquid energy company, has entered into an asset purchase agreement with Motiva Enterprises LLC (“Motiva”) to acquire 25 liquid energy terminals along the Atlantic Coast, in the Southeast and in Texas. Full Story » “Global Partners LP to Acquire 25 Liquid Energy Terminals from Motiva Enterprises LLC”
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 $0.77501 per unit ($3.10 per unit on an annualized basis) on the Partnership’s fixed-to-floating rate Series A preferred units for the period from August 15, 2023 through November 14, 2023.
As part of its efforts to diversify into more alternative fuels, Global Partners has activated its first company-owned electric vehicle charging station. The DC fast-charging station, which includes two vehicle chargers, is located at Global’s XtraMart convenience and fueling station at 280 Providence St. in Worcester, Massachusetts.
“As we transition our energy sources, Global plans on moving its business into those alternative energy sources, whether they’re electric or renewable liquid fuels,” said Global CEO Eric Slifka at a ribbon-cutting event on Sept. Full Story » “Global unveils its first company-owned EV charging station in Worcester”