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.

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