Cresta Fund Management’s investment in Ocean Pacific underscores the growing demand for alternative, clean fuel options and acknowledges the crucial role alternative fuels play in the energy transition. Headquartered in California, the OP management team possesses over 15 years of experience designing over 400 CNG stations with reputable partners and has established a vast network within the trucking and transportation industry. By leveraging these relationships, OP will develop solutions tailored to companies’ decarbonization goals and the fuel needs of trucking fleets. CNG, an economical and readily available clean fuel, offers a lower-emission alternative for the trucking industry. To further decarbonize, renewable natural gas (RNG) can be utilized as fuel for CNG-fueled motors, resulting in significant lifecycle emission reductions for transportation fleets. Ocean Pacific CEO’s enthusiasm for the partnership with Cresta stems from the investment’s ability to provide the necessary financial resources to accelerate growth and the valuable strategic insights from a team well-versed in the renewable fuel landscape. The joint efforts will drive significant progress in expanding RNG and hydrogen infrastructure, offering cleaner and more affordable fuel options to customers.
Cresta Fund Management, based in California, is a private equity firm specializing in growth equity for sustainable and conventional energy infrastructure solutions across the industrial, logistics, and agricultural sectors. With approximately $1 billion in assets under management, Cresta boasts a robust, operations-focused team with decades of experience in the energy and infrastructure industries. For more information about Cresta Fund Management, please visit their website.
