Sagepoint Logistics announced it has closed a senior secured financing with Power Sustainable Infrastructure Credit Manager L.P. 聽to expand its dedicated truckload carrier fueled by renewable natural gas. The financing funds the acquisition of a dedicated fleet of 60 Class 8 heavy-duty trucks and related fueling infrastructure, building on Sagepoint鈥檚 capabilities in renewable natural gas (RNG).
Through this investment, Sagepoint Logistics extends the company鈥檚 operations downstream from RNG production and dispensing into end-use transportation, creating a more integrated pathway from waste-derived fuel production to end use. This integration translates into three key benefits for Sagepoint Logistics鈥� customers: greater cost stability, measurable scope 3 emissions reductions, and a carrier with the ability to scale.
Unlike most carriers that are subject to the volatility of diesel fuel markets, Sagepoint Logistics is uniquely positioned to offer customers greater cost stability. Powered by renewable natural gas (RNG) produced by Sagepoint Energy鈥檚 own facilities, the fleet operates on a vertically integrated fuel supply that helps insulate customers from fluctuating fuel costs and provides a more predictable transportation cost structure. Equipped with Cummins鈥� X15N natural gas engines, purpose-built for heavy-duty, long-haul Class 8 applications, the fleet delivers the performance customers expect while running on RNG. For shippers focused on reducing emissions across their supply chain, partnering with Sagepoint Logistics provides a practical way to lower Scope 3 emissions without compromising on cost efficiency or performance.
The initial fleet operates throughout the Midwest from Sagepoint Logistics鈥� Green Bay, WI hub, and the PSIC facility provides additional capacity to expand the fleet and broaden its geographic footprint over time. This scalable model enables shippers to increase freight volumes with a carrier built to meet their evolving transportation needs.
As customer demand grows, Sagepoint Logistics is also investing in the communities it serves by expanding its workforce and strengthening the local economy, while increasing its capacity to serve more customers. In addition, the fleet鈥檚 use of RNG instead of diesel helps reduce emissions, supporting a more sustainable transportation network in communities across the Midwest.
鈥淢ost carriers buy their fuel. We make ours,鈥� said Aaron Johnson, Chief Executive Officer of Sagepoint Energy. 鈥淭hat鈥檚 the difference for our customers: cost stability that comes from controlling our own fuel supply, a real reduction in Scope 3 emissions, and a fleet that can grow at the same pace they do. This financing with PSIC gives us the capital to connect our RNG production directly to end-use transportation and scale that offering over time.鈥�
鈥淲e are pleased to expand our partnership with Sagepoint as the company extends its capabilities from RNG production and dispensing into transportation,鈥� said Daniel Fein, Managing Director of PSIC. 鈥淪agepoint Logistics creates an integrated source of end-use demand for RNG while providing commercial customers with a practical pathway to reduce emissions relative to conventional diesel-powered transportation. This transaction reflects our strategy of providing tailored capital to infrastructure businesses with strong underlying assets, experienced management teams and identifiable growth opportunities.鈥�
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