TREE as an Investment
We are global, integrated, sustainable, and present throughout the entire value chain. These are just some of the compelling attributes that make us as an attractive company.
Fulfilling our Strategic Plan
Despite a volatile oil and gas market and low fuel prices, we believe achieving our objectives as outlined in our Strategic Plan and Financial Projections represented in our Private Offering is on track. We are focused on regional growth and the creation of value to our regional partners by securing discounted bulk fuel supply from our strategic refinery partners and offering those discounts to our regional customers.
Our investments are based on our Strategic Plan
Between 2020 and 2022, we will procure investment of $1.5 billion USD in our first Puerto Rico terminal and expand the current available terminal capacity from 3M bbls to 12M bbls. Beginning in 2021, over a 5 year period, we will invest a further $10 billion USD to expand the current terminal to 75M bbls of storage capacity. This will include $2 billion USD for new initiatives involving international expansion in service stations, petrochemicals, biofuels production and trading, as well as other low to zero CO2 emissions projects.
Our Operations Mix
Planned Investments and Divestment
Below is a summary of the planned investments and divestment targets for TREE and FuelBank for both regional operations and global expansion: