Convertus Secures $135M Financing for York Region Biofuel Facility
Convertus Group closed $135 million in project financing for its flagship biofuel facility in York Region, Ontario.
Biofuel News focuses on the advancements and applications of biofuels in agriculture and beyond, covering innovations in bioenergy production from crops, agricultural waste, and other renewable biomass sources.
This category highlights the latest in biofuel technologies that support sustainable farming practices by providing cleaner, farm-generated energy alternatives, reducing emissions, and creating new revenue streams for growers.
Learn about biofuel projects, research developments, and industry partnerships aimed at integrating biofuels into agricultural operations and supply chains. Stay informed on how biofuels are helping to drive a renewable, low-carbon future in agriculture and energy.
Convertus Group closed $135 million in project financing for its flagship biofuel facility in York Region, Ontario.
ADM will add about 700,000 metric tons of annual oilseed crush capacity across four US plants to meet rising biofuel demand.
Lydian said it has closed a $43 million Series A financing round led by Breakthrough Energy Ventures, with participation from AP Ventures and Builders Vision, alongside continued backing from existing investors including Congruent Ventures, Galvanize, Grok Ventures, Overture, Union Square Ventures and Voyager Ventures. The investment also marks the first announced deployment from Breakthrough Energy
Zug, Switzerland-based Adamant Group announced on July 20, 2026, the creation of Adamant Agro, a new business unit bringing together the company's agricultural activities worldwide. Headquartered in Buenos Aires, Argentina, the unit will build a platform for sourcing and certifying low-carbon-intensity, or Low-CI, agricultural feedstock for the bioenergy and sustainable fuels industries.
Frontier Infrastructure Holdings, a developer of low-carbon infrastructure across the Mountain West and Texas, and Carbonfuture, a facilitator of durable carbon removal, have entered a multi-year commercial agreement to bring Frontier's ethanol bioenergy carbon capture and sequestration (BECCS) credits to corporate and institutional buyers across global carbon markets. The companies describe it as the largest
Key Takeaways Alfa Laval has sold more than 100 Prodec Oil Plus decanter systems across the U.S. ethanol industry, a milestone announced July 24, 2026. The Prodec Oil Plus decanter […]
UMeWorld has signed an agreement to establish a China-based microbial oil company focused on commercializing and deploying single-cell oil, which the company intends to establish as an important future feedstock for Project Verdant, its planned Sustainable Aviation Fuel hub in Malaysia. Under the agreement, UMeWorld will hold a 30% equity interest in the new company
Turkish Airlines has signed an agreement to participate in SAFFA Fund I, LP, an investment fund managed by Burnham Sterling Asset Management LLC that aims to accelerate the production of sustainable aviation fuel. The airline said the move aligns with its long-term growth strategy, sustainability targets, and supply chain security plans.
At the 5th Tashkent International Investment Forum, Allied Biofuels FE LLC signed a Logistics Cooperation Agreement with Pro Logistic Services SIA, a Eurasian multimodal logistics operator, to establish the international export framework for moving SAF and e-SAF from Allied Biofuels' project site in Uzbekistan to markets across Europe, the UAE and beyond. Under the agreement,
Air Canada and Airbus will invest up to $10 million through a new co-investment platform to help scale sustainable aviation fuel production in Canada.
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