Braya Renewable Fuels

Transaction overview

Reported completed

Exact closing date not established.

Cresta Fund Management reported acquiring a controlling interest in the NARL refinery in Come By Chance, Newfoundland, renamed Braya Renewable Fuels after the transaction. Silverpeak retained a minority interest in Braya and continued to control the separate NARL Marketing business. The November 30, 2021 release reports completion without an exact closing day.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.