Suburban Propane

Suburban Propane, headquartered in Whippany, New Jersey, is a nationwide marketer and distributor of energy products, primarily focusing on propane, fuel oil, and other refined fuels. The company serves customers across the East Coast and West Coast of the United States and also engages in natural gas and electricity marketing in deregulated markets such as New York and Pennsylvania. Suburban Propane operates through three main segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity, with the Propane segment generating the majority of its revenue. The company is dedicated to meeting diverse energy needs for both residential and commercial clients.

Michael Stivala

President and CEO

2 past transactions

Independence Hydrogen

Corporate Round in 2022
Independence Hydrogen, Inc. is a privately-held company dedicated to advancing the American hydrogen economy by offering reliable and affordable hydrogen services. The company specializes in providing turnkey hydrogen fuel cell solutions that facilitate gaseous hydrogen applications. Its services include full-service, continuous backup power for critical infrastructure, ensuring clients have access to a dependable energy source. The team at Independence Hydrogen is composed entirely of veterans from military and government backgrounds, many of whom possess combat leadership experience, which fosters a culture rooted in integrity and operational excellence. The company's mission focuses on enhancing community sustainability and safety by delivering low carbon hydrogen, ultimately contributing to a cleaner and more energy-resilient environment.

Oberon Fuels

Corporate Round in 2020
Oberon Fuels Inc. is a San Diego-based company that specializes in producing renewable dimethyl ether (DME) fuel, which serves as a low-carbon alternative to diesel. Founded in 2010, Oberon Fuels employs a proprietary small-scale, modular production process that utilizes various feedstocks, including biogas derived from organic wastes, natural gas, and stranded gas. These production units are capable of generating between 3,000 to 10,000 gallons of DME per day. The company's innovative approach allows it to convert methane to DME cost-effectively, offering stable pricing that is not tied to crude oil fluctuations. Oberon Fuels aims to develop regional fuel markets, particularly for the hydrogen fuel cell vehicle industry and heavy-duty trucking sector, while addressing emission concerns and providing a sustainable transportation solution. As the demand for cleaner fuels grows, Oberon Fuels is positioned to lead the commercialization of DME in North America, with plans to expand its production units in response to market needs.
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