European Chemical Industry News & Insights

Dow Announces Increased Macquarie Stake in Diamond Infrastructure Solutions

At a glance

Investment Details

Dow has received an additional $540 million following Macquarie Asset Management's decision to increase its minority equity stake in Diamond Infrastructure Solutions from 40% to 49%. This transaction brings the total proceeds to approximately $3 billion.

Strategic Partnership

The increased investment is part of a strategic partnership between Dow and a fund managed by Macquarie Asset Management, aimed at driving the growth of Diamond Infrastructure Solutions. The company focuses on infrastructure assets across the U.S. Gulf Coast, providing services in energy, environment, infrastructure, and pipelines to over 70 customers.

Recent Developments

In May 2025, Diamond Infrastructure Solutions announced a partnership with a Danish climate tech startup, Again, to establish the first U.S.-based CO₂ transformation facility at its Texas City site. Additionally, Diamond and Third Pillar Solar have agreed to explore the deployment of up to 500MW of floating solar projects on Diamond's Texas reservoir system.

Advisors

Citi and Goldman Sachs served as financial advisors to Dow, while Linklaters provided legal support for the transaction.