Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel
Green Car Congress
MAY 9, 2020
Global Clean Energy Holdings, Inc., through a subsidiary, has purchased Alon Bakersfield Properties, Inc., a subsidiary of Delek US Holdings, Inc. and the owner of the Alon Bakersfield Refinery. The total cash consideration paid to Delek US Holdings for the purchase was $40 million. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California.
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