Kiva Energy to acquire two Enterprise terminals

Kiva Energy plans to purchase two rail terminals from an affiliate of Enterprise Products Partners LP.

Kiva entered into an agreement to purchase rail terminals in Rocklin, Calif., and Reno, Nev. According to Kiva, the purchase is expected to close in the next several weeks.

Mark Harris, president of Kiva Energy, says the two new terminals are strategically located to expand and strengthen the company’s supply chain in the California and Nevada markets. The Rocklin Terminal serves as a high-volume terminal with 18 30,000-gallon tanks and the ability to put through more than 10 million gallons per year.

Cody Jackson, Kiva’s director of supply, says the terminals will complement the company’s Riverbank Terminal, which has served as a key rail supply point for the company for decades. Jackson adds that these rail terminals, along with their fleet of 25 transports, help the company to maintain reliable supply.

Kiva Energy is a wholesale supplier of propane to customers in the western United States. The company also supplies its retail division, Kamps Propane in California and High Country Propane in Arizona.