
FinCo Fuel Group, which is energetic in the downstream power market with a wide profile of gas items, has actually taken a bulk risk in GoodNRG, the holding business of sustainable gas leader ExcellentFuel s. Both business are Netherlands headquartered
The events claim the purchase will certainly allow ExcellentFuel s to take advantage of the sourcing, supply administration as well as logistics experience of the FinCoFuel Group Both events anticipate to add to a more decrease of carbon dioxide as well as to speed up the power shift with even more effect.
“With this acquisition, FinCo Fuel Group is sending a clear signal about our ambition and commitment towards supporting the sustainable mobility transition,” stated Pieter Peeters, CHIEF EXECUTIVE OFFICER, FinCoFuel Nederland “ExcellentFuel s has actually spearheaded the lasting gas market for delivery as well as is an essential market leader throughout various other transport markets.
Dirk Kronemeijer, CHIEF EXECUTIVE OFFICER, ExcellentFuel s, called the step “an exciting and positive next step in GoodFuels’ journey to advance the use of sustainable advanced biofuels across heavy duty transportation.”