M&A Deal Summary

World Energy Acquires BIOX

On June 28, 2016, World Energy acquired renewable energy company BIOX

Acquisition Highlights
  • This is World Energy’s 1st transaction in the Renewable Energy sector.
  • This is World Energy’s 1st transaction in Canada.
  • This is World Energy’s 1st transaction in Ontario.

M&A Deal Summary

Date 2016-06-28
Target BIOX
Sector Renewable Energy
Buyer(s) World Energy
Deal Type Add-on Acquisition

Target

BIOX

Hamilton, Ontario, Canada
BIOX produces biodiesel, a renewable, non-toxic and environmentally friendly fuel that can be used in any unmodified diesel engine. The BIOX process is a new low-cost method to produce biodiesel fuel from a wide variety of agricultural feedstocks.

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Buyer(S) 1

Buyer

World Energy

Boston, Massachusetts, United States

Category Company
Founded 1998
Sector Oil/Gas Exploration
DESCRIPTION

World Energy LLC is a producer and distributor of low carbon fuels including biodiesel and renewable diesel. The company is a supplier of biodiesel offering over 200 Million gallons (660,660 Metric Tons) of annual biodiesel production. World Energy was formed in 1998 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 2
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-19 AltAir Fuels

Paramount, California, United States

AltAir Fuels develops and operates projects for the production of low carbon fuels and chemicals derived from sustainable feedstocks. The company is a refiner of environmentally sustainable feedstocks for the production of jet and diesel fuels. AltAir’s initial facility is the world’s first renewable fuels refinery with integrated jet fuel production capability. AltAir Fuels was founded in 2008 and is based in Paramount, California.

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