World energy to invest in valent to advance technologies for renewable diesel and sustainable aviation fuel. Valent Low-Carbon Technologies, a diversified energy technology company, has announced that it has secured an investment from World Energy LLC. The funding supports upcoming deployments of novel, commercial-scale renewable fuels production technologies to meet growing demand for low-carbon intensity fuels.
World Energy, a green energy solutions provider, empowers leaders in the transportation sector to make meaningful and immediate progress toward cutting carbon emissions. Since 2019, Valent has progressed new technology integration opportunities across World Energy’s sites.
The investment from World Energy boosts Valent’s ability to deploy numerous emerging fuel technologies that decarbonize or replace conventional diesel across aviation, marine and land transport.
Tim Haig, CEO, Valent.
Having World Energy as a shareholder and advisor accelerates our ability to deploy our technology solutions in relevant field environments
“We both see the opportunity for market-ready low-carbon intensity renewable fuels that require no special blending or new infrastructure.”
Gene Gebolys, CEO, World Energy.
Driving the frontier of sustainable transport is a team game requiring close collaborations across businesses
“We have long supported the excellent, early-stage technology development work the Valent team is doing. We are thrilled to be teaming up even more closely with them now as the urgency to find better solutions increases every day.”
As part of the transaction, several Valent shareholders, namely Hartley Richardson, CEO of James Richardson & Sons and John Risley’s CFFI Ventures increased their investments in Valent.
Valent also welcomed prominent Canadian investor and entrepreneur Jon Love as a new shareholder. The total cumulative funding at Valent and across its technology portfolio now exceeds $150 million.
VALENT SECURES INVESTMENT FROM WORLD ENERGY TO ADVANCE NET-ZERO EMISSIONS TECHNOLOGIES FOR RENEWABLE DIESEL AND SUSTAINABLE AVIATION FUEL PRODUCTION, Toronto, Boston, February 24, 2021
