Commodity trading group Glencore has signed an agreement to acquire a majority stake in FincoEnergies, a Netherlands-based supplier of marine biofuels and transport fuels, and carbon credit solutions.
The transaction, which is subject to EU anti-trust approval, is expected to be completed during the second quarter of 2026. FincoEnergies’ current majority shareholder, Coloured Finches, will remain involved alongside Glencore following completion.
Upon closing, Pontex Investment Partners will step down as a shareholder. Pontex joined Coloured Finches as a minority investor in FincoEnergies in 2016 and has supported the company’s growth over the past decade.
FincoEnergies said Glencore’s majority participation, combined with continued backing from its founders, positions the group to accelerate expansion in renewable fuel markets, insetting credits and wider decarbonisation solutions across multiple transport segments. The partnership is also expected to support an increased physical market presence in new geographic markets in Northwest Europe.
FincoEnergies operates as an independent supplier of biofuels and decarbonisation services for transport and industry, with a strong foothold in the Amsterdam–Rotterdam–Antwerp (ARA) region and offices in the Netherlands, Germany and Switzerland.
Glencore is one of the world’s largest diversified natural resource companies, producing and marketing more than 60 commodities globally, including materials used to support the energy transition and decarbonisation efforts.
