The following table summarizes the preliminary allocation of the purchase price among assets acquired and liabilities assumed. | | | | | | | As of January 16, 2026 | | Total current assets | $ | 65 | | | Property, plant and equipment | 639 | | | Operating lease right-of-use assets, net | 59 | | | | | | | | | Other non-current assets | 1 | | | | | Total assets | 764 | | | | | Total current liabilities | 9 | | | Long-term debt | 346 | | | Operating lease non-current liabilities | 66 | | | Deferred tax liabilities | 62 | | | Other non-current liabilities | 42 | | | Total liabilities | 525 | | | | | Total consideration | 239 | | | Cash acquired | 45 | | | Total consideration, net of cash acquired | $ | 194 | |
Delta Acquisition On April 1, 2026, the Partnership completed the acquisition of Delta for approximately $81 million, excluding cash acquired and net working capital. The purchase price was allocated $36 million to property, plant and equipment, net, $15 million to intangible assets, and $24 million to goodwill. Delta owns and operates terminals and fuel distribution assets across five Caribbean markets. The transaction was funded using cash on hand and amounts available under the Partnership's Credit Facility.
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