Ire Energy aggregates Used Cooking Oil and waste-based feedstocks in Nigeria and delivers them to European biodiesel and SAF refiners — reliably, compliantly, at scale.
Ire Energy was founded with a simple insight: Nigeria generates hundreds of thousands of tonnes of waste-based oils every year — Used Cooking Oil, palm oil residues, animal fats — and almost none of it is captured and exported.
Meanwhile, European biodiesel and SAF refiners face a growing shortfall of certified, waste-based feedstock. EU law is forcing demand upward. Asian supply is tightening under US trade tariffs. And Nigerian feedstocks are specifically preferred under EU sustainability rules.
We bridge that gap. Asset-light, logistics-first, and built for scale.
Deep relationships with Nigerian restaurants, food processors, palm oil mills and slaughterhouses across key states.
ISCC-EU certification pathway in progress. Full chain of custody traceability for EU RED III compliance.
Working capital lines via Afreximbank secured against confirmed export contracts — enabling fast scale-up.
A simple, repeatable supply chain connecting Nigerian waste streams to European refiners.
Aggregate UCO, palm residues and animal fats from restaurants, mills and processors across Nigeria.
Quality test, pre-process and certify feedstock to EU specification. ISCC-EU chain of custody maintained.
Consolidate at Lagos port facilities. Export via product tanker FOB Lagos to ARA ports.
Direct offtake to European biodiesel and SAF refiners under pre-negotiated contracts.
Three forces are converging to make Nigerian UCO the most attractive feedstock source for European refiners.
EU RED III requires 42.5% renewable energy by 2030. Transport must hit 29%. Waste-based feedstocks like UCO are the preferred, double-counted pathway. Demand is legislated — not discretionary.
US tariffs on Chinese UCO exports are forcing European buyers to urgently diversify. Nigerian low-ILUC feedstocks are explicitly preferred over Asian palm under EU sustainability rules.
ReFuelEU Aviation requires 2% SAF in 2025, rising to 6% by 2030. UCO-based SAF commands £800+/tonne — significantly above biodiesel. A premium market opening up.
200,000–300,000 tonnes of UCO generated annually. Collection rates below 20%. No other operator is capturing and certifying this supply at scale. First mover advantage is real.
We are actively building partnerships across three areas for our Q2 2026 pilot launch.
UCO processing, dehydration and collection technology providers. We are seeking equipment partners and operational knowledge exchange — particularly from markets with mature UCO infrastructure.
Chemical and product tanker operators with West Africa–Europe routes. We offer reliable, growing cargo volumes on long-term contracts. Co-loading arrangements welcome.
Seeking $250K–$1M in equity or trade finance for our pilot phase, with a clear path to $10M+ EBITDA. Partners gain direct exposure to Africa's emerging biofuel supply chain backed by EU demand.
Nigerian restaurants, hotel chains, food processors, palm oil mills and slaughterhouses. We offer guaranteed collection, reliable payment, and full compliance documentation.
Whether you're a potential partner, investor, supplier or buyer — we'd love to hear from you.
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