Greenergy extends lease for Amsterdam biodiesel plant
In the UK, Greenergy, a producer of biodiesel from waste, announced a ten-year extension to its lease with the Port of Amsterdam.
Since acquiring the Amsterdam biodiesel plant in 2018, Greenergy said it has made significant investments to convert the plant to manufacture waste oils, and most recently, to expand the production capacity. Expansion works completed in 2024 increased production by 25% and enabled the plant to process a broader range of waste oils to help meet rising demand for waste-based biofuels.
These investments support the growing demand for renewable fuels in the Netherlands, where the Government has taken important steps to support the increased use of biofuels, the firm said.
Adam Traeger, CEO of Greenergy, said: “Our extended lease agreement with the Port of Amsterdam demonstrates our commitment to the production of biodiesel in the Netherlands, where there is support for the industry and clear long-term policies for use of biofuels. In contrast to neighboring countries, the Dutch Government has committed to significantly increase the maximum amount of biofuels that can be blended with diesel and petrol in the coming years. Our investment enables the continued production of biodiesel in Amsterdam and ensures we can play a key role in decarbonizing European transport through the sustainable production of waste-based biodiesel. Where we see the necessary policy certainty, we are prepared to invest.”
Category: Fuels
