Braya Renewable Fuels launches renewable fuels operations

Dallas-based Braya Renewable Fuels has successfully completed its refinery conversion project and has commenced commercial operations in producing renewable fuel.

Braya owns and operates the refinery in the Canadian town of Come By Chance, located in Newfoundland and Labrador, and has successfully converted it to a renewable fuel operation, called Braya Renewable Fuels.

“We are incredibly grateful for all the hard work and dedication of the Braya team that has allowed us to achieve commercial operations at the refinery,” Braya CEO Todd O’Malley says. “I would personally like to thank our workers, the community, all levels of government and our partners who have helped to bring our vision of a world-class renewable fuel facility to fruition. We are proud to be a cornerstone in the energy transition path and to provide stable and long-term employment opportunities in the local community.”

The company says initial production capacity is 18,000 barrels per day of renewable diesel, with future plans to expand production capacity, add sustainable aviation fuel production capabilities and explore green hydrogen production.

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The on-site production of renewable diesel, sustainable aviation fuel and green hydrogen offers alternatives to fossil fuels and decreases the carbon emissions linked to hard-to-abate sectors such as heavy-duty transport, aviation and heavy industry, the company says.  

Braya’s ownership group includes Dallas-based Cresta Fund Management, majority owner and controlling investor, Canada-based North Atlantic Refining Corp., which is managed by Silverpeak, and Summit, New Jersey-based Energy Capital Partners.