Greenergy International Ltd is a British distributor of petrol and diesel for motor vehicles and at one point had over a quarter of the UK market. It blends fuels at terminals on the

Thames estuary The Thames Estuary is where the River Thames meets the waters of the North Sea, in the south-east of Great Britain. Limits An estuary can be defined according to different criteria (e.g. tidal, geographical, navigational or in terms of salinit ...

in the south and on

Teesside Teesside () is an urban area around the River Tees in North East England. Straddling the border between County Durham and North Yorkshire, it spans the boroughs of Borough of Middlesbrough, Middlesbrough, Borough of Stockton-on-Tees, Stockton ...

in the north. It sold more than 20 million litres of petrol and diesel a day in 2007. In 2015 it ranked 474 on the

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...

list of largest companies by revenue.

History

Greenergy acquired the growing nationwide dealer network Inver Energy Ltd, headquartered in Cork, Ireland, for an undisclosed amount in early 2017. Through partnership with East Cork Oil and Atlantic Fuel Supply, the deal included Greenergy's co-owned refinery in

Foynes Foynes (; ) is a town and major port in County Limerick in the midwest of Ireland, located at the edge of hilly land on the southern bank of the Shannon Estuary. The population of the town was 512 as of the 2022 census. Foynes's role as sea ...

, which was the largest refinery in Ireland at 82,000 m3. It acquired a refinery from

Texaco Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Independ ...

Cardiff Cardiff (; ) is the capital city, capital and List of urban areas in the United Kingdom, largest city of Wales. Cardiff had a population of in and forms a Principal areas of Wales, principal area officially known as the City and County of Ca ...

from 2006, acquiring 100% of the facility and expanding it in 2010. Inver Energy had started as local oil and fuel distributor, expanded into marine fuels when it acquired that business from Maxol. In 2016, Inver Energy recorded a €5.7 million pre-tax profit last year on turnover of €485.9 million, employing 25 people, providing around 10% of Ireland's marine fuel needs. In March 2024,

Trafigura Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, with major regional hubs in Geneva, Houston, Montevideo and Mumbai, founded in 1993. The company trades in base metals and energy. It is the world's largest pri ...

agreed to acquire Greenergy's European business from

Brookfield Asset Management Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation. At its inception, the company was headquarter ...

and

Brookfield Business Partners Brookfield Business Partners L.P. is a publicly traded limited partnership and the primary public vehicle through which Brookfield Corporation, its parent company, owns and operates the business services and industrial operations of its privat ...

. At that time, Greenergy had manufacturing plants in the UK and the Netherlands. Trafigura increased its stake in May 2024.

Operations

Greenergy sells fuel to petrol stations and supermarkets for retail sale, and to transport companies in the UK. It does so in Ireland as Inver as of 2015. The company produces and sells

biofuel Biofuel is a fuel that is produced over a short time span from Biomass (energy), biomass, rather than by the very slow natural processes involved in the formation of fossil fuels such as oil. Biofuel can be produced from plants or from agricu ...

. It has a 250,000 tonne/300 million litre per year plant at

Immingham Immingham is a town and civil parish in North East Lincolnshire, England, on the south-west bank of the Humber, Humber Estuary, northwest of Grimsby. It was relatively unpopulated until the early 1900s, when the Great Central Railway began de ...

on the east coast of England where biodiesel is made from

rapeseed oil Close-up of canola blooms Canola flower Rapeseed oil is one of the oldest known vegetable oils. There are both edible and industrial forms produced from rapeseed, the seed of several cultivars of the plant family Brassicaceae. Historica ...

References

{{Energy in the United Kingdom, companies Oil and gas companies of the United Kingdom Automotive fuel retailers Tesco