Valero Acquires Pure Biofuels del Peru

SAN ANTONIO, May 14, 2018 (GLOBE NEWSWIRE) — Valero Energy Corporation (NYSE:VLO) (“Valero”) announced today that, through certain of its subsidiaries, it has acquired Pure Biofuels del Peru S.A.C. (“PBF”) from Pegasus Capital Advisors L.P., PBF management, and its minority shareholders effective May 14, 2018. PBF, as the third largest fuels importer in Peru, maintains a leading supply platform with a diverse group of customers, including retailers, miners, and airlines.  The transaction, which was funded with cash, also includes refined products terminals in Callao, near Lima, and in Paita, near Piura in northern Peru.