Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Alberta Invests in Canary Biodiesel Facility (Ind. Report)
Canary Biofuels
Date: 2021-07-28
On the Canadian prairies, Alberta Environment and Parks Minister Jason Nixon has announced the province will invest $4.7 million in Calgary-headquartered Canary Biofuels Inc . flagship biodiesel facility in Lethbridge, Alberta.

The $28.6 million facility is expected to purchase $375 million worth of locally-sourced agricultural waste, inedible fat and used cooking oil feedstock over the next five years and generate $500 million in revenues.

The facility's biodiesel production as been pre-sold to an unnamed Canadian supplier, according to the release. (Source: Alberta Environment and Parks, PR, July, 2021) Contact: Canary Biofuels, George Wadsworth, CEO, 403 680-8742, info@canarybiofuels.com, www.canarybiofuels.com

More Low-Carbon Energy News Canary Biofuels,  Biodiesel,  


Canary Biofuels Nails Invigor Bioenergy Acquisition (M&A)
Invigor Bioenergy
Date: 2021-03-05
On the Canadian prairies, Calgary-headquartered Canary Biofuels Inc. is reporting completion of a $16.5 million (Cdn) non-brokered private placement equity financing and closing of its acquisition of biodiesel producer Invigor Bioenergy Corporation, also of Calgary. The company also inked an agreement with Canadian Western Bank providing for a credit facility with $7 million of borrowing capacity.

Canary will use proceeds from the financing to convert the Invigor biodiesel facility to produce 75 million lpy of second-generation biodiesel from agricultural waste feedstock before the year end. (Source: Canary Biofuels Inc., PR, CNW, 3 Mar., 2021) Contact: Canary Biofuels, George Wadsworth Pres., www.canarybiofuels.com; Invigor Bioenergy, (403) 243-4584, www.invigor-energy.ca

More Low-Carbon Energy News Invigor Bioenergy,  Canary Biofuel,  Biodiesel,  

Showing 1 to 2 of 2.