Suburban Propane

Headquartered in Whippany, New Jersey, Suburban Propane is a nationwide marketer and distributor of a diverse array of products to meet the energy needs of their customers.

Michael Stivala

President and CEO

2 past transactions

Independence Hydrogen

Corporate Round in 2022
Independence Hydrogen, Inc. is a privately-held company focused on advancing the American hydrogen economy by offering reliable and affordable hydrogen fuel cell services. The company specializes in providing turnkey gaseous hydrogen solutions, ensuring continuous backup power for critical infrastructure through advanced hydrogen technology. With a team comprised entirely of military and government veterans, many of whom have combat leadership experience, Independence Hydrogen emphasizes a culture rooted in integrity and a commitment to service. The company's mission is to enhance community resilience by delivering low carbon hydrogen, contributing to cleaner and safer energy solutions.

Oberon Fuels

Corporate Round in 2020
Oberon Fuels Inc., founded in 2010 and based in San Diego, California, specializes in the production of renewable dimethyl ether (DME) fuel, which is derived from various feedstocks such as biogas, natural gas, and stranded gas. The company’s innovative skid-mounted, modular production units can generate between 3,000 and 10,000 gallons of DME daily, enabling localized fuel markets without the need for extensive national infrastructure. This modular approach allows Oberon to deploy units in remote locations and industrial settings, effectively monetizing waste CO2 streams and addressing emissions and particulate matter concerns in urban areas. DME serves as a sustainable alternative to diesel, particularly in the heavy-duty trucking sector, offering a low-carbon, zero-soot solution for transportation. As market demand for cleaner fuels grows and emissions regulations tighten, Oberon Fuels is positioned to lead the commercialization of DME in North America.
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