With Flyers Energy’s $775 million sale, Dwelle brothers to reinvest in real estate, renewable energy

Flyers Energy Group Managing Member Walt Dwelle said that he and his three brothers are likely to invest the proceeds from the $775 million sale of their Auburn-based fuel distribution company into real estate and renewable energy assets.

The Dwelle brothers’ Auburn-based Nella Holdings, the parent company of Flyers Energy, has been investing in office buildings, hotels, car washes and mobile home parks as part of a diversification strategy since selling Flyers’ chain of 39 retail gas stations in…


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