Braya lands $300-million investment to finalize financing for Come By Chance refinery conversion | SaltWire

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

COME BY CHANCE, N.L. — Braya Renewable Fuels has secured a $300-million investment from Energy Capital Partners, finalizing the financing needed for ...

The Come By Chance, N.L., refinery. Keith Gosse/The Telegram - Keith GosseCOME BY CHANCE, N.L. — Braya Renewable Fuels has secured a $300-million investment from Energy Capital Partners, finalizing the financing needed for Braya's plans to transform the Come By Chance refinery into a renewable fuel operation.The investment follows Braya's recent partnership with ABO Wind to establish green hydrogen production at the site.

The partnership will produce alternative fuels such as renewable diesel, sustainable aviation fuel, hydrogen and ammonia. Once functional, the project is expected to supply 18,000 barrels per day of low-carbon renewable fuel, with plans to expand capacity and increase sustainable aviation fuel production.

It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home. Our 100 journalists strive to inform and improve our East Coast communities by delivering impartial, high-impact, local journalism that provokes thought and action. Please consider joining us in this mission by becoming a member of the SaltWire Network and helping to make our communities better.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Company that set up illegal fish farm to get second chance, says B.C. governmentA freshwater fish farm near Powell River owned by Agrimarine faces multiple federal and provincial investigations, and continues to operate despite setting up operations outside its licence area.
Source: timescolonist - 🏆 15. / 75 Read more »