From TokenPost · · 40s
Morgan Stanley Leads Brownsville Refinery Fundraising
Morgan Stanley leads equity and debt fundraising for America First Refining's planned Texas refinery.
In brief
Morgan Stanley leads equity and debt fundraising for America First Refining's planned Texas refinery. Morgan Stanley is leading fundraising for America First Refining's new Brownsville refinery to process 60 million barrels of U.S. light shale oil annually. Originally reported by TokenPost.
Fundraising effort
Morgan Stanley leads equity and debt fundraising for America First Refining's planned Texas refinery.
Refinery capacity
The project processes 60 million barrels of U.S. light shale oil annually, producing gasoline, diesel and jet fuel.
Historical context
America First Refining describes this as the first major U.S. refinery in 50 years, with the last significant one opening in 1977.
The takeaway
Morgan Stanley is leading fundraising for America First Refining's new Brownsville refinery to process 60 million barrels of U.S. light shale oil annually.
