Rocky Mountain GTL secures $15 mln loan from Roynat
Rocky Mountain GTL Inc (RMGTL), a Calgary-based designer, builder and operator of small-scale gas-to-liquids plants, has raised a $15 million loan from Roynat Capital. RMGTL has licensed technology from Greyrock Energy Inc that converts flare gas, natural gas and natural gas liquids into clean-burning liquid fuels for the road, rail, marine and aviation markets. The company is building a first commercial plant near Carseland, Alberta that will make synthetic diesel fuel. Roynat, an affiliate of Scotiabank, provides long-term financing solutions to Canadian mid-market companies.
20 August 2019•3 mins read
