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Category Gunvor Group

Gunvor to cut scope 1 & 2 emissions 40% by 2025

New entity Nyera to target sustainable investments in renewables, carbon capture Gunvor Group, one of the world’s largest physical energy commodities traders, has announced commitments in the areas of environment, social, and governance (ESG) targeting a 40% reduction in the…

Gunvor closes innovative new eur 300 mil. Natural gas facility

Gunvor Group (“Gunvor” or “the Company”) has successfully closed a new EUR 300 million financing (the “Facility”), which consists of a syndicated, pan-European natural gas repo facility to cover multiple jurisdictions in Europe with a shared security package. It will…

Gunvor launches new us $540 million biodiesel borrowing base

Banks demonstrate strong support for feedstocks that meet European Green Deal Gunvor Group (“Gunvor”, “the Company”) has successfully closed a new US $540 million borrowing base facility (the “Facility”) to support the Company’s biodiesel trading activity. The Facility drew strong…

Gunvor usa successfully closes usd 1.1 billion borrowing base

Gunvor USA LLC (“Gunvor USA” or “the Company”), a subsidiary of Gunvor Group Ltd (“Gunvor” or “the Group”), has successfully closed the syndication of its USD 1.1 billion borrowing base credit facility (“the Facility”). The Facility includes a USD 500…

Gunvor to cease use of “Agents”

As a part of Gunvor’s efforts to continuously improve procedures in order to  mitigate risk across the company, specifically in relation to areas of  Compliance, the company has taken the decision to cease the use of “agents”,  i.e., consultants and…