Greenergy extends lease for Amsterdam biodiesel plant

Photo: Greenergy

Greenergy, a leading European producer of biodiesel from waste, announced Aug. 14 a 10-year extension to its lease with the 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 investments to convert the plant to manufacture waste oils and, most recently, to expand the production capacity.  

Expansion works completed in 2024 increased production by 25 percent and 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, creating sustained market demand.  

“Our extended lease agreement with the Port of Amsterdam demonstrates our commitment to the production of biodiesel in the Netherlands, where there is support for the industry and clear long-term policies for use of biofuels,” said Greenergy CEO Adam Traeger. “In contrast to neighboring countries, the Dutch government has committed to significantly increase the maximum amount of biofuels that can be blended with diesel and petrol in the coming years. Our investment enables the continued production of biodiesel in Amsterdam and ensures we can play a key role in decarbonizing European transport through the sustainable production of waste-based biodiesel. Where we see the necessary policy certainty, we are prepared to invest.” 

Koen Overtoom, CEO of Port of Amsterdam, added, “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.”