In the United States (US), U.S. Energy, a U.S. Venture company and a leading provider of refined products, alternative fuels, and environmental credits, signed a long-term agreement with Edgewood Renewables LLC, a leading developer of renewable diesel and sustainable aviation fuel (SAF) projects, to operate a rail transload facility and refined products bulk plant in northern Las Vegas, Nevada (NV).
Strategically located two miles from the Kinder Morgan Calnev pipeline and terminal, this facility will help combat the region’s inbound pipeline capacity constraint from Los Angeles, California (CA), and Salt Lake City, Utah (UT).
We’re excited to leverage this property to supply refined products to the region and also expand our transloading and freight service offering. Coordinating the movement of energy throughout the supply chain has been a core capability of ours for more than 70 years. Using this strength to help customers move their products throughout the region is something we look forward to, said Mike Koel, president of U.S. Energy.
The onsite bulk plant delivers additional refined product storage capacity, rack access, and room for growth to accommodate specialty products such as avgas, jet fuel, and boutique gasoline blends.
Known for operating best-in-class assets, U.S. Energy will ensure a fast, clean, and safe experience for its customers.
We are thrilled to partner with U.S. Energy to help us maximize the terminal site and solve for market constraints for refined products in the short term. We are equally excited to have U.S. Energy as our long-term partner as Edgewood completes its renewable diesel (RD) and sustainable aviation fuel (SAF) refinery and terminal strategically located at the North Las Vegas, Nevada site, said Stephen Harrington, CEO of Edgewood Renewables.
Beginning August 1, 2023, U.S. Energy will have exclusive operating rights to the rail and transload assets in addition to the bulk plant.
Combined with its 30+ terminal network, logistics expertise, trading capabilities, fuel marketing, and branding services, U.S. Energy is looking forward to the opportunities this facility can provide to the market.
We chose this opportunity to expand our rail business because the transload facility can accommodate roughly 60 cars at a time—allowing for manifest railcars to be transloaded in an expedited manner without resulting in supply disruptions or operational inefficiencies. Due to the location and size of this facility, we are seeking customers that need to move freight via rail—both refined products and other goods such as lumber, steel, and dry bulk, to name a few, noted Katie Eckersley, Director of Rail Rrading and Operations at U.S. Energy.
