Tag: Greenergy

UK’s Serious Fraud Office drops investigation into Greenergy

UK’s Serious Fraud Office drops investigation into Greenergy

December 11, 2019 |

In the UK, In May this year, the Serious Fraud Office (“SFO”) announced it was investigating certain aspects of biodiesel trading at Greenergy and various third parties as part of a broader investigation. The SFO has informed the company and our employees that they are no longer suspects in an ongoing investigation. The Board of […]

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Greenergy pulled out of FOG waste biodiesel project in February

Greenergy pulled out of FOG waste biodiesel project in February

May 22, 2019 |

In the UK, local press reports that Greenergy pulled out of a 2011 JV with to produce biodiesel with Brocklesby from waste fats and oils back in February, well before the recent investigation into biodiesel price fixing. In April, the writing was already on the wall for the facility that had more than GBP2.6 million […]

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UK’s Serious Fraud Office teams with Netherlands to investigate Greenergy on biodiesel trading

UK’s Serious Fraud Office teams with Netherlands to investigate Greenergy on biodiesel trading

May 16, 2019 |

In the UK, the Serious Fraud Office confirmed that it has opened a joint investigation with the Dutch authorities concerning certain aspects of biodiesel trading at Greenergy and various third parties. Searches were conducted on April 30 at five sites across the UK and additional sites in the Netherlands and Belgium. Four individuals have been […]

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Greenergy acquires 100% of Singaporean UCO exporter Rexon Energy

Greenergy acquires 100% of Singaporean UCO exporter Rexon Energy

September 5, 2018 |

In the UK, Greenergy has acquired 100% of the shares of Rexon Energy, a used cooking oil exporter based in Singapore. This is an upstream investment for Greenergy to provide raw materials for its biodiesel manufacturing operations. “We have increased our purchasing of used cooking oils from around the world over a number of years […]

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Greenergy to buy idle biodiesel manufacturing facility in Amsterdam

Greenergy to buy idle biodiesel manufacturing facility in Amsterdam

July 19, 2018 |

In the UK, Greenergy has reached an agreement with Oiltanking, a leading tank terminal operator, to purchase an idle biodiesel manufacturing facility located at Oiltanking’s site in Amsterdam. The acquisition of a third biodiesel plant will allow Greenergy to meet growing demand for waste-based biofuel in the UK and Europe. The Amsterdam biodiesel manufacturing facility […]

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Greenergy gets $260 million equity investment from Brookfield Business Partners

Greenergy gets $260 million equity investment from Brookfield Business Partners

February 8, 2017 |

In the UK, Greenergy announced that it has reached agreement for Brookfield Business Partners to invest in the business with the aim of accelerating growth with a total investment of $260 million. As the purchase price was funded by both debt and equity, the total transaction amount is higher, and confidential. Existing Greenergy management shareholders […]

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Greenergy co-founder looking to cash out in a big way

Greenergy co-founder looking to cash out in a big way

June 21, 2016 |

In the UK, biodiesel company Greenergy has asked ING to look at various options for the company including a sale, something which is attracting the attention of rivals along with private equity funds like Carlyle and CVS who may be willing to part with as much as $733 million. Doing so would land the company’s […]

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Greenergy receives RSB sustainability certification for UK biodiesel

Greenergy receives RSB sustainability certification for UK biodiesel

March 23, 2015 |

In the UK, Greenergy has earned the Roundtable on Sustainable Biomaterials’ sustainability certification for its production of biodiesel from used cooking oil. In addition to operating two biodiesel manufacturing facilities in Immingham and North Cave, Greenergy currently supplies more than a quarter of the UK’s road fuel. The company’s pre-processing enables the use of a […]

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Greenergy buys Harvest Biofuels’ biodiesel facility in Teesside

Greenergy buys Harvest Biofuels’ biodiesel facility in Teesside

February 2, 2015 |

In the UK, Greenergy has acquired Harvest Biofuels’ biodiesel manufacturing facility at Seal Sands on Teesside, England. The acquisition of Harvest’s manufacturing assets gives Greenergy additional biodiesel production capacity with which to meet its own biofuel blending obligations under the UK’s Renewable Transport Fuel Obligation. Greenergy already owns and operates a waste based biodiesel facility […]

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Greenergy’s Immingham biodiesel plant running at 98% efficiency

Greenergy’s Immingham biodiesel plant running at 98% efficiency

August 20, 2014 |

In the UK, Greenergy has invested £63 million in repairs and upgrades following a tidal surge that devastated its UCO biodiesel facility at the Port of Immingham six months ago. The plant is back up and running at 98% efficiency. Upgrades included installation of a biomass plant and installation of a wastewater treatment process.  

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