Tech Company Financing Transactions
Braya Renewable Fuels Funding Round
Braya Renewable Fuels secured a $300 million venture capital round on 4/20/2023. Investors included Energy Capital Partners.
Transaction Overview
Company Name
Announced On
4/20/2023
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Undisclosed
Investors
Energy Capital Partners (Lead Investor)
Proceeds Purpose
The investment from ECP completes the financing for the conversion of Braya's Come-By-Chance refinery to renewable fuel operations, which processes and refines renewable feedstocks for renewable fuel production, and builds on Braya's recent agreement with ABO Wind for the joint development of green hydrogen production at the facility. The proposed multi-phased ABO Wind project will provide hydrogen for Braya's needs as well as green ammonia for global export.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
2950 N. Harwood St 1550
Dallas, TX 75201
USA
Dallas, TX 75201
USA
Phone
Undisclosed
Website
Email Address
Overview
Braya Renewable Fuels is converting the Come By Chance refinery into a world-class renewable diesel and sustainable aviation fuel refining facility. Using state of the art, proven technology and drawing on the experience of the local community and expert leadership, Braya is poised to meet the growing global demand for renewable fuels.
Management Team
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We report on funding rounds that are announced publicly. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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