article thumbnail

Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs. Based on Delek’s ownership interest in AltAir Paramount, LLC the transaction should result in expected proceeds to Delek of approximately $72.0 Delek US Holdings, Inc.

Renewable 150