COME BY CHANCE, N.L. — Braya Renewable Fuels has secured a $300-million investment from Energy Capital Partners, finalizing the financing needed for Braya’s plans to transform the Come By Chance refinery into a renewable fuel operation.
The facility will process and refine renewable feedstocks for renewable fuel production.
The investment follows Braya’s recent partnership with ABO Wind to establish green hydrogen production at the site. The proposed multi-phase project with ABO Wind aims to supply hydrogen for Braya’s operations and green ammonia for global export.
The partnership will produce alternative fuels such as renewable diesel, sustainable aviation fuel, hydrogen and ammonia.
Once functional, the project is expected to supply 18,000 barrels per day of low-carbon renewable fuel, with plans to expand capacity and increase sustainable aviation fuel production.
