ADA Carbon Solutions

Braya Renewable Fuels

Sector Sustainability Infrastructure
Location Newfoundland
Status Current
Date of investment April 2023

A repurposed refinery now producing renewable diesel and sustainable aviation fuel in Canada

ECP’s investment is expected to fund the remainder of the conversion project’s costs. The project will initially supply 18,000 barrels per day of renewable diesel with incremental upside from the ability to pursue accretive growth projects to expand capacity and begin production of sustainable aviation fuel and source green hydrogen.

 

To learn more about the company, click here.

In April of 2023, ECP invested in Braya Renewable Fuels, the owner of the Come By Chance refinery in Newfoundland, Canada. The facility commenced commercial operations in February of 2024. The repurposed petroleum refinery is strategically located to source a variety of low-carbon intensity feedstocks to produce fuels for a variety of end markets, and benefits from an in-place employee base that has been part of a successful ~50 year operating history as a conventional fuels refinery. Renewable diesel and sustainable aviation fuel help decarbonize the medium & heavy-duty transportation and aviation sectors, respectively — combined, these fuels provide alternatives to fossil fuels and reduce the emissions associated with these hard-to-abate sectors.

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