Buffalo Biodiesel secures $300mn to accelerate expansion across eastern United States

Buffalo Biodiesel secures $300mn from Verite Capital to expand its used grease collection and processing operations to 25 US states and build two renewable gas plants.

Buffalo Biodiesel Inc., a Buffalo-based company active in the collection of used cooking grease and the production of renewable fuels, has announced a financing agreement with Verite Capital Partners. The investment programme includes a total of $300mn to support large-scale industrial and geographic expansion.

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