Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

GEF Capital Partners Closes Acquisition of Lifecycle Renewables to Accelerate Growth.

Document Cited in Related
Vincent

MANews-(C)2009-2022

US-based sustainability-focused private equity firm GEF Capital Partners has completed the acquisition of US-based renewable heating oil manufacturer Lifecycle Renewables Inc, the firm said.

GEF Capital has structured its investment in LRI to help the company continue to increase production of its trademarked biogenic fuel, LR100, and to expand its geographic reach beyond the Northeast and Mid-Atlantic to meet the growing demand for sustainable fuels in North America.

Lifecycle Renewables collects used cooking oil from its foodservice partners and converts it into a renewable heating oil, LR100, which reduces greenhouse gas emissions by as much as 80% compared to conventional heating oil derived from fossil fuels.

District energy systems, academic institutions, and healthcare facilities are among the customers that rely on LR100 to not only meet their heating needs, but to do so in a way that helps these customers reach their Net Zero carbon emissions...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT