Greenergy agrees terms for sale of Canadian retail business
7th July 2023
Greenergy announces it has agreed terms for the sale of its Canadian retail business to Global Fuels. The retail business includes 241 retail gas and convenience locations across Canada, and the sites are predominantly Mobil-branded and located adjacent to Loblaw grocery stores.
Christian Flach, Greenergy CEO explained,
“Following three years of significant growth and development, Greenergy is divesting its Canadian retail business to focus development on its renewable project pipeline.
I would like to thank our retail team for their continued dedication and commitment to Greenergy over the last three years.”