LPG shipowner Petredec has sold its 60% stake in Carib LPG to an investor group led by Tropical Energies Corporation (TRENCO) and Windward Investment for an undisclosed amount.
TRENCO is a provider of gas, water and energy solutions based in Panama. Windward is the investment holding company of the co-founding Lewis family and current 40% shareholder of Carib LPG.
Petredec co-founded Carib LPG in 1991 alongside the Lewis family and, in the ensuing years, has supported its growth which has ultimately enabled wider access to LPG for the Caribbean region.
