Hartree Partners acquires 50% Share in Botres Holding
Hartree Partners (UK) Limited, a wholly owned subsidiary of Hartree Partners LP, which is co-owned by its partners and funds managed by Oaktree Capital Management, has signed an acquisition agreement for a 50% share in Botres Holding GmbH and its subsidiaries (Botres).
The global commodities firm, which was established over 25 years ago, trades in oil, gas, power, refined products, shipping, metals and equities.
Headquartered in Graz, Austria, Botres is a key supplier of industrial biogas plants and biorefineries in Austria, Czech Republic, Poland, Italy, Spain and Turkey.
Since being founded in 2012, Botres has built numerous biogas plants across Europe and Turkey and serves some of the world’s largest waste management and infrastructure companies.
Dreier told Bioenergy Insight that Hartree Partners has a unique track record in proprietary trading and investing in energy markets across the globe – with asset development experience across VLCCs, oil, gas & power storage,...