Legacy will capitalize on Renew’s expertise in the biodiesel industry and The Doe Fund’s (TDF) ability to collect and deliver waste cooking oil and trap grease with constant quantity, quality and price through its RWA Resource Recovery program.
Renew and TDF are dedicated to pursuing biodiesel production that will help New York City (NYC) achieve its goal of increased utilization of renewable energy and improving the quality of life for all New Yorkers. TDF will also take an equity stake in Legacy.
Alex Edwards III, CEO of Renew Energy Resources, said: New energy sources are crucial for the environment, economy and national security. The opportunity to partner with The Doe Fund, in NYC, merges serving environmental needs and social responsibility.
