Island Energy takeover of Chevron Hawaii Assets Completed

November 15th, 2016 by Fiedler Group

Island Energy Services’ acquisition of Chevron’s refining, distribution, and downstream assets in Hawaii has been finalized.

Headquartered in Kapolei, Oahu, Hawaii, Island Energy, is a subsidiary of New York-based equity firm One Rock Capital Partners.

Included in the acquisition are refinery in Kapolei, four distribution terminals, and related pipeline distribution systems.

Island Energy will rebrand the acquired station network from Chevron to Chevron Texaco.

Nearly all of former Chevron staff will be retained by Island Energy.

Jon Mauer who will continue as the company’s president and chief executive officer stated “As we move forward under the new Island Energy name, the same dedicated professionals responsible for decades of safe, reliable and environmentally responsible operations in Hawaii will continue to deliver high-quality gasoline and other refined products and services to meet the Islands’ energy and transportation needs.”

For more information on this acquisition can be found in the recent Island Energy press release.