Trafigura to Acquire Greenergy’s Canadian operations
05.08.2024 By Tank Terminals - NEWS

May 08, 2024 [Trafigura]- Trafigura Group Pte Ltd and Greenergy, announced that Trafigura has expanded its agreement with Brookfield Asset Management and its listed affiliate Brookfield Business Partners to include Greenergy’s Canadian supply operations for an undisclosed sum. This complements Trafigura’s proposed acquisition of Greenergy’s European operations announced on 4 March 2024. The acquisitions are subject to customary closing conditions and regulatory approvals.


Founded in 1992 to supply diesel with lower emissions, Greenergy is today one of Europe’s largest suppliers of biofuels with manufacturing plants in the UK and the Netherlands and a leading distributor of road fuels in the UK. Greenergy entered the Canadian market in 2013, and supplies commercial and wholesale customers with a range of road fuels including higher percentage biodiesel blends from its rail-fed terminals in Ontario and British Columbia.

Ben Luckock, Global Head of Oil at Trafigura, said: “Greenergy’s Canadian business has strong commercial synergies with their global distillates, gasoline and biofuels business and their well-established commercial relationships across North America.”

Christian Flach, Greenergy CEO said: “Following the earlier announcement of Trafigura’s proposed acquisition of Greenergy’s European operations, they are delighted to now include our Canadian supply operations as part of the transaction. Trafigura’s financial strength will provide them with a robust platform for growth across Canada, helping them to expand their infrastructure facilities in strategic locations, bringing road fuels closer to our customers.”


Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Wood Bags Six-Year Contract on Shell’s Prelude Facility
07.12.2024 - NEWS
July 12, 2024 [Yahoo Finance]- Shell has awarded a six-year contract to engineering company Woo... Read More
Malaysia’s Bintulu LNG Plant to Get First Supplies from Jerun Gas Field
07.12.2024 - NEWS
July 12, 2024 [LNG Prime]- Malaysia’s giant Bintulu LNG plant, operated by Petronas, will soon ... Read More
Rubis Terminal Rebrands as Tepsa, Building on Legacy and Embracing Evolution
07.12.2024 - NEWS
July 12, 2024 [Storage Terminals Magazine]- Rubis Terminal is excited to announce a strategic reb... Read More
Adnoc Awards Abu Dhabi Airport Tank Farm Project
07.11.2024 - NEWS
July 11, 2024 [MEED]- Abu Dhabi National Oil Company (Adnoc) has awarded the main engineering, pr... Read More