Energy Capital Partners invests $300M in Braya Renewable Fuels

In Canada, Braya Renewable Fuels announced a $300 million preferred equity investment from Energy Capital Partners (“ECP”), a leading energy transition focused investor in the electricity, clean energy, renewable and sustainable infrastructure sectors.

The investment from ECP completes the financing for the conversion of Braya’s Come-By-Chance refinery to renewable fuel operations, which processes and refines renewable feedstocks for renewable fuel production, and builds on Braya’s recent agreement with ABO Wind for the joint development of green hydrogen production at the facility. The proposed multi-phased ABO Wind project will provide hydrogen for Braya’s needs as well as green ammonia for global export.