Greenergy extends Amsterdam biodiesel plant sublease agreement for ten years
Greenergy, a European producer of biodiesel from waste, announces a ten-year extension of its sublease agreement with Port of Amsterdam, reinforcing its long-term commitment to biofuel production in the Netherlands.
Since acquiring the Amsterdam biodiesel plant in 2018, Greenergy has made significant investment to convert the plant to manufacture waste oils, and most recently, to expand and increase the production capacity by 25%. This enables the plant to process a wider range of waste oils and also meet the growing demand for waste-based biofuels.
These investments support the growing demand for renewable fuels in the Netherlands, where government policy mandates rising renewable fuel content through 2030 - creating sustained market demand.
Adam Traeger, CEO of Greenergy, commented: “This lease extension underscores our ongoing commitment to biodiesel production in the Netherlands, a country with strong industry support and clear, long-term biofuel policies. Our continued investment ensures we can play a key role in decarbonising European transport through the sustainable production of waste-based biodiesel.”
Koen Overtoom, CEO of Port of Amsterdam: “We are proud to extend our partnership with Greenergy, reinforcing our shared commitment to attracting and supporting renewable fuel production at the port of Amsterdam. This lease extension highlights our mutual ambition to reduce CO₂ emissions and supports our strategic vision to position the port of Amsterdam as a key hub and destination for renewable fuels. We look forward to continuing our successful collaboration in the coming years, enabling Greenergy to make optimal use of its facilities and the available port infrastructure.”