Bye Energy acquires Novare Biofuels (Denver)
Colorado aviation-biofuels company Bye Energy Inc. said Tuesday it has acquired Novare Biofuels Inc.
Greenwood Village-based Bye said that with the acquisition, it has obtained rights to concepts and designs for a thermochemical biomass process initially developed by Boulder-based Novare. This process “is designed to produce both aviation gasoline and aviation jet fuel,” Bye said in a statement.
Terms were not disclosed.
Read the full report in the Denver Business Journal.
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