Valent Low-Carbon Technologies secures investment from World Energy

February 25, 2021 |

In Canada, Valent Low-Carbon Technologies has secured an investment from World Energy LLC. The funding supports upcoming deployments of novel, commercial-scale renewable fuels production technologies to meet growing demand for low-carbon intensity fuels.

Since 2019, Valent has progressed new technology integration opportunities across World Energy’s sites. The investment from World Energy boosts Valent’s ability to deploy numerous emerging fuel technologies that decarbonize or replace conventional diesel across aviation, marine and land transport.

As part of the transaction, several Valent shareholders, namely Hartley Richardson, CEO of James Richardson & Sons and John Risley’s CFFI Ventures increased their investments in Valent. Valent also welcomed prominent Canadian investor and entrepreneur Jon Love as a new shareholder. The total cumulative funding at Valent and across its technology portfolio now exceeds $150 million.

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Category: Fuels

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