Certas Buys Green Biofuels Business and Assets

The business and assets of HVO supplier Green Biofuels have been acquired by energy firm Certas after it collapsed into administration.

The administrator, Ernst & Young (E&Y), added that the purchase also saved 28 jobs. The UK’s largest supplier of HVO fuel entered administration after investor BP Oil enforced its security and appointed E&Y following meetings at the end of

September to discuss providing additional funding worth £2m. The oil giant had taken a 30% stake in Green Biofuels in February 2022.

Share this story