Trafigura biofuels deal

Written by  John McKay
Wednesday, 08 May 2024
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May 8 (LNGJ) - Trafigura Group, a market leader in the global commodities industry including LNG, petroleum and other products, has expanded its proposed acquisition of biofuels firm Greenergy from Brookfield Asset Management to include Greenergy’s Canadian supply operations as well as those in Europe.

   Trafigura said the acquisitions are subject to customary closing conditions and regulatory approvals. Greenergy is one of Europe’s largest suppliers of biofuels with manufacturing plants in the UK and the Netherlands and is a leading distributor of road fuels in the UK. Greenergy entered the Canadian market in 2013 and supplies commercial and wholesale customers in Ontario and British Columbia.

Last modified on Wednesday, 08 May 2024 09:12
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