Federated Co-Op Buys Calgary-Based Energy Company : vimarsan

Federated Co-Op Buys Calgary-Based Energy Company


By Ryan Young
Apr 13, 2021 10:11 PM
Federated Co-op has acquired a Calgary based energy company that had a proposal to build a mega renewable diesel plant in Regina.
True North Renewable Fuels developed plans for a 20-thousand barrel a day facility that could use up to 1-million tonnes of canola oil per year.
Federated Co-op’s vice-president of strategy, Pam Skotnitsky says there is a real opportunity to take it from ”concept stage” to actual execution.
A renewable diesel plant is at least four years away, and is only in the early pre-engineering and design stage.
(CJWW)

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