Sky Quarry Inc. Acquires Foreland Refining Corporation (Eagle Springs Refinery)
October 3, 2022
Sky Quarry Inc. has acquired Foreland Refining Corporation, including the Eagle Springs refinery near Ely, Nevada. The purchase gives Sky Quarry a refinery asset to vertically integrate its process for producing sustainable diesel and other petroleum products from waste asphalt shingles and heavy oil feedstocks, and is expected to be immediately accretive to cash flow and EBITDA.
- Buyers
- Sky Quarry Inc.
- Targets
- Foreland Refining Corporation
- Industry
- Energy
- Location
- Nevada, United States
- Transaction Type
- Buyout
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