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  • [Members in The News] Mercuria and N+P Announce Partnership for Development of New Alternative Fuels

[Members in The News] Mercuria and N+P Announce Partnership for Development of New Alternative Fuels

June 21, 2021 8:00 AM | EMA Staff (Administrator)

(June 21, 2021) - Today, Mercuria Energy Trading (“Mercuria”) and N+P Group B.V. (“N+P”) announced a strategic partnership that will inject significant growth capital in N+P and allow for the development of new alternative fuels production facilities. As a part of the deal, Mercuria is acquiring a strategic equity stake in N+P. The Jennissen Family will continue to hold the majority of the shares in N+P, while allowing for Mercuria’s stake to be increased in the near-term.

The deal is aligned with N+P and Mercuria’s larger corporate strategy of focusing on the global energy transition, which includes investing in high quality alternative fuels produced from non-recyclable waste streams.

Read more here: https://www.mercuria.com/media-room/business-news/mercuria-and-np-announce-partnership-development-new-alternative-fuels

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