In the Netherlands, Greenergy announced a ten-year extension to its lease with the Port of Amsterdam, reinforcing its long-term commitment to biofuel production in the Netherlands. Since acquiring the Amsterdam biodiesel plant in 2018, Greenergy has made significant investments to convert the plant to manufacture waste oils, and most recently, to expand the production capacity. […]
In the UK, Greenergy will begin consultation on a proposal to cease production at its biodiesel plant in Immingham, Lincolnshire. Despite significant cost reductions to improve the plant’s viability, the Immingham plant has continued to be negatively impacted by market factors, including slower increases in the UK’s biofuels blending mandates compared to European countries and […]
In the UK, Greenergy recently announced the successful closing of its new Revolving Secured Borrowing Base and Term Loan Facility. Combined with its existing Receivables Purchase Facility, this takes Greenergy’s total credit facilities to $1.4 billion. The refinancing is supported by Greenergy’s parent company Trafigura, and includes a new $500 million Revolving Secured Borrowing Base, […]
In the UK, Greenergy announced the successful commissioning of expansion works at two of their biodiesel plants in the UK and in Amsterdam. The works included upgrading the pre-treatment process capability, allowing for a wider range of waste oils as feedstocks to be processed into lower carbon biodiesel that will be used in transport fuels […]
