Platinum Equity signs deal to acquire US propane distributor EDP
The gist
Platinum Equity signed a definitive agreement to acquire EDP, a Chicago-based propane distributor serving over 200,000 customers.
The deal adds a 24-state fuel distributor to Platinum's route-based portfolio; terms undisclosed.
How it unfolded
- Oct 28, 2026Platinum Equity announced it signed a definitive agreement to acquire EDP, a propane distributor serving residential, commercial and agricultural customers across the US; terms were not disclosed.
- Oct 29, 2026EDP Brasil closed its acquisition of EDPR's local operations.
- Oct 30, 2026EDP Transmissão Goiás won Lot 2 in Brazil's Transmission Auction No. 4/2026, covering infrastructure in Goiás and Bahia, with expected investment of 317 million reais, per regulator ANEEL.