Greenergy extends lease in Amsterdam to boost biofuels

Greenergy has announced a 10-year extension to its lease with the Port of Amsterdam, reinforcing its long-term commitment to biofuel production in the Netherlands.

Greenergy has made significant investments to convert the plant to manufacture waste oils since acquiring the Amsterdam biodiesel plant in 2018. More recently, it has expanded its production capacity.

Expansion works completed in 2024 increased production by 25 per cent. It also enabled the plant to process a broader range of waste oils to help meet rising demand for waste-based biofuels.

These investments support the growing demand for renewable fuels in the Netherlands, where the Government has taken important steps to support the increased use of biofuels.

In particular, the Dutch Government has set out a clear policy to increase its official biofuel mandates – the maximum amount of biofuels that can be blended with diesel and petrol – over the next five years.

Adam Traeger, CEO of Greenergy, said: “Our extended lease agreement with the Port of Amsterdam demonstrates our commitment to the production of biodiesel in the Netherlands.

“Our investment enables the continued production of biodiesel in Amsterdam and 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: “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.”

Late last year, the Port of Amsterdam joined the TRANS2 initiative (Transition to a Climate-proof Rotterdam Hinterland TRANSport).