Citizens served as the exclusive financial advisor to Ridgewood Infrastructure LLC, a leading infrastructure investor in the United States, on its investment in New Mexico-based Valley Cold Storage and Transportation.

Valley Cold is a leading provider of premium cold storage services to customers in southern New Mexico.

Ridgewood is a premier infrastructure investor in the U.S. lower middle market, with sectors of focus including water, energy transition, transportation and utilities.

Ridgewood Infrastructure Partner Ryan Stewart said: “The Citizens Transportation and Logistics team served as a trusted advisor to Ridgewood throughout the process. Their extensive cold storage knowledge and transaction experience was a benefit to this successful outcome.”

Citizens Director Sean Egan said: “Ridgewood has made another great investment and we look forward to the platform’s growth ahead.”