NEXT Renewable completed the acquisition of Red Rock Biofuels.

NEXT Renewable, an oil and energy company, completed the acquisition of Red Rock Biofuels, a biofuels producer. Financial terms were not disclosed. “Acquiring the Lake County clean fuels infrastructure is another advancement in our mission to decarbonize the transportation industry and produce low carbon fuels at scale. This acquisition represents a major step toward our clean fuel production capabilities and pathways to meet growing demand for clean fuels along the west coast of the United States while helping to address the critical concern of forest health," Christopher Efird, NEXT CEO and Chairperson.