Premier Furey Announces Agreement to Help Facilitate Investor Acquisition of North Atlantic Refinery

Link
https://www.gov.nl.ca/releases/2021/exec/1130n01/
Date
2021-11-30: Premier Furey Announces Agreement to Help Facilitate Investor Acquisition of North Atlantic Refinery
Text
The Honourable Andrew Furey, Premier of Newfoundland and Labrador, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, today announced that the Provincial Government has reached a new agreement with NARL Refining Limited Partnership and NARL Logistics to help facilitate Cresta Fund Management’s acquisition from Silverpeak of a majority interest in NARL Refining Limited Partnership. As a result, there are plans to re-brand the Come By Chance refinery facility as Braya Renewable Fuels and convert to renewable diesel and sustainable aviation fuel production.