Transportation Infrastructure Partners, a joint venture between Ridgewood Infrastructure and Savage, has acquired Worldwide Terminals Fernandina, the manager of the Port of Fernandina, Florida.
The port provides transport, logistics management and product handling services to various customers.
“Fernandina’s deep-water port, storage facilities, and access to major rail and highway routes form the backbone of an essential infrastructure business,” said Ryan Stewart, partner of Ridgewood Infrastructure. “Under Transportation Infrastructure Partners’ leadership, we see significant opportunities to expand and enhance Fernandina’s operations.”