Rotterdam, July 02, 2026, FincoEnergies is pleased to announce the completion of Glencore’s acquisition of a majority stake in the company, forming a partnership with Coloured Finches, an important milestone in the continued growth and development of FincoEnergies’ business.

FincoEnergies’ fuel distribution and logistics infrastructure, customer relationships and expertise in downstream fuel transportation will be complemented by Glencore’s global scale, sourcing capabilities and experience across the energy value chain.

With Glencore’s support, FincoEnergies is well positioned to continue expanding its offerings in biofuels and decarbonisation solutions across multiple transport segments and to increase its presence in new geographies.

Jan-Willem van der Velden, FincoEnergies CEO and Founder, commented:

“Today marks an exciting next step for FincoEnergies. Glencore already knows our business well, and this builds on years of collaboration, trust and shared ambition. With Glencore’s support and global reach behind us, we are in a strong position to continue growing our business and supporting our customers as demand for lower-carbon fuel solutions continues to evolve.”

Maxim Kolupaev, Head of Glencore Energy UK Ltd., commented:

“Glencore’s investment in FincoEnergies strengthens the presence of our business in Northwest Europe and creates a strong platform for future growth. We are looking forward to continuing to work closely with the FincoEnergies team and building on the successful relationship we have already developed together.”

About FincoEnergies

FincoEnergies is a supplier of (bio)fuels and emission reduction solutions for the transport and industrial sectors. With a strong position in the Amsterdam-Rotterdam-Antwerp (ARA) region and offices in the Netherlands, Germany, and Switzerland, FincoEnergies provides fuel and emission reduction needs to its customers.

With over 300 dedicated employees, FincoEnergies combines commercial expertise, operational excellent and a passion for sustainability. The company develop and deliver innovative energy solutions that support customers in reducing emissions while ensuring reliable and efficient energy supply.

About Glencore

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that advance everyday life.

With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, Glencore’s marketing and industrial activities are supported by a global network of offices.

Glencore’s customers are principally industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. Glencore also provide financing, logistics and other services to producers and consumers of commodities.

For further important information, including in connection with forward-looking statements and other cautionary information, refer to the Important notice section of Glencore’s 2025 Annual Report, which is available at glencore.com/publications.

About Coloured Finches

Coloured Finches is a Dutch based energy investment company that invests in the downstream fuel markets including sustainable biofuels. The company was founded in 2012 by Jan-Willem van der Velden and Peter Nohlmans who together with partner Rutger van Thiel invested in multiple downstream trading, storage and distribution businesses.

Responding to media enquiries

Jan-Willem van der Velden
janwillem.vandervelden@fincoenergies.com

Also read: https://fincoenergies.com/fincoenergies-glencore-meerderheidsbelang/