Tag: Cresta Fund Management

Cresta Fund Management to fund Lapis Energy’s CCS and clean hydrogen projects

Cresta Fund Management to fund Lapis Energy’s CCS and clean hydrogen projects

January 12, 2022 |

In Texas, Cresta Fund Management and Lapis Energy LP announced an agreement for Cresta to fund the Company’s origination, development and implementation of Carbon Capture and Storage (CCS) and clean hydrogen projects that enable industrial de-carbonization critical to the achievement of global net zero goals. Lapis Energy, a Dallas, Texas-based CCS company formed by a […]

Read More

Cresta Fund Management to buy Canadian refinery for conversion to SAF and renewable diesel

Cresta Fund Management to buy Canadian refinery for conversion to SAF and renewable diesel

July 27, 2021 |

In Canada, Reuters reports Cresta Fund Management has agreed to buy a controlling stake in North Atlantic Refining’s idled Come-by-Chance refinery amidst plans to convert it to 14,000 barrels per day of sustainable aviation fuel and renewable diesel production in its first phase. The first phase could be online by mid-2022, just in time for […]

Read More