Trafigura to acquire Greenergy’s Canadian operations

Trafigura has expanded its agreement with Brookfield Asset Management and its listed affiliate Brookfield Business Partners to include Greenergy’s Canadian supply operations.

This complements Trafigura’s proposed acquisition of Greenergy’s European operations announced on 4 March.

Founded in 1992 to supply diesel with lower emissions, Greenergy is 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.