GreenHunter Energy to Buy L and L Holdings for $27.5M Cash

By admin | October 29, 2008

Submitted by DTN Ethanol Blog

GreenHunter Energy Inc. will buy Louisiana based-diesel fuel, methanol and lubricant distributor L&L Holdings, LLC for $27.5 million in an all-cash transaction, expected to close prior to year-end. L&L’s customer base is approximately 1,000 and is predominately the Gulf of Mexico offshore oil and gas industry.

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