ArentFox Schiff Counsels BioLPG on International Biofuel Research and Funding Collaboration
GLGE is a strategic joint venture for the development of new technologies for the production and distribution of LPG derived from renewable sources, established in July 2022. It was founded by AGN ENERGIA, Beyfin, Gruppo Cavagna, Gruppo Socogas and Veroniki Holding/Butangas, all experienced players in the fuel and energy sector.
As part of its collaboration with GLGE, BioLPG LLC and its UN-backed NGO affiliate, The Global LPG Partnership, have received an exclusive global license from GTI Energy to bring to market GTI Energy’s Cool LPG technology that converts biogas into bioLPG, a 100% renewable liquid fuel for cooking, heating, and transportation. BioLPG LLC Chairman and former President of the LPG industry global association Kimball Chen said, “Our Cool LPG work with GTI Energy and GLGE has great potential to provide bioLPG needed for world progress toward zero emissions by 2050.”
GTI Energy, a leading technology research organization, works with a global spectrum of partners to develop, scale and deploy energy solutions that improve lives, economies, and the environment. GTI’s President and CEO, Paula Gant, said, “The Cool LPG project exemplifies how, through collaboration, the expertise of the GTI Energy team can deliver impactful innovations. We are thrilled to take essential steps with GLGE and BioLPG LLC toward the promise of a low-cost, low-carbon energy future.”