$COLD (AMERICOLD REALTY TRUST) — 8-K: Americold closes $1.3B cold storage JV with EQT, receives $1.1B net cash

Americold Realty Trust closed its North American cold storage joint venture with EQT’s Active Core Infrastructure fund. The venture owns 12 temperature-controlled warehouses across the United States with more than $1.3 billion of gross asset value. EQT acquired a 70% interest and Americold retained 30%, with Americold serving as manager. Americold received approximately $1.1 billion of net cash proceeds and intends to use the proceeds to repay outstanding debt.

Americold Realty Trust closed its North American cold storage joint venture with EQT’s Active Core Infrastructure fund. The venture owns 12 temperature-controlled warehouses across the United States w