Bio-Oils GEDs new sums
Spanish private equity firm GED Capital has invested €7 million in Spain-headquartered biodiesel producer Bio-Oils.
The investment will enable the company to expand its production capacity to 500,000 tonnes of biodiesel a year.
Bio-Oils is already one of the largest biodiesel producers in Europe, producing 250,000 tonnes a year.
The plant is connected by pipeline to the port of Huelva and to the La Rabida refinery belonging to Cepsa, a holding company of France’s Total Group, one of the six major oil companies in the world.
The investment will enable the company to expand its production capacity to 500,000 tonnes of biodiesel a year.
Bio-Oils is already one of the largest biodiesel producers in Europe, producing 250,000 tonnes a year.
The plant is connected by pipeline to the port of Huelva and to the La Rabida refinery belonging to Cepsa, a holding company of France’s Total Group, one of the six major oil companies in the world.
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