In Denmark, Crossbridge Energy Partners has acquired the former Shell Refinery in Fredericia, Denmark, with the associated Trading & Supply activities, effective as of July 1, 2021.

Crossbridge seeks to acquire, manage, and transform traditional energy assets in the downstream refining sector into net-zero energy assets producing sustainable renewable fuels and products as well as recycling waste into energy. 

The refinery in Fredericia produces approximately 35 percent of the total Danish liquid fuel consumption – and exports an equal amount to Northern Europe – and Crossbridge is already in the process of transforming the refinery, says the newly appointed GM of the refinery, Finn Schousboe: 

“Our greener future will be realized through the advancement of processing multiple types of biofuels, co-processing of waste products using proven, environmentally safe techniques, and an excellent collaboration with Everfuel for the establishment of a 300MW electrolyzer at the refinery. We believe strategic collaborations, like that with Everfuel, demonstrate how Crossbridge can be part of the larger solution towards carbon-neutrality for the refinery. We look forward to working with all stakeholders towards developing a better tomorrow.”