VARO’s Strategy is to be an Energy Transition Partner of Choice
VARO Energy (VARO) is a leading-integrated energy company headquartered in Zug, Switzerland. It operates in conventional energy value chains (including manufacturing, storage and distribution, marketing and trading), and has a growing sustainable energies businesses.
VARO owns a manufacturing hub in Cressier, Switzerland, a majority share in the Bayernoil manufacturing hub, Southern Germany, as well as storage facilities, distribution and marketing businesses in Benelux, France, Germany and Switzerland.
VARO is backed by a diverse group of shareholders that includes Carlyle International Energy Partners and Vitol.
VARO’s strategic growth pillars include advanced biofuels, green hydrogen, biomethane & bio-LNG, nature-based carbon removals and e-mobility
VARO’s new strategy is designed to help its customers by supplying the low carbon and reliable energy they need to reach Net Zero.
VARO has a plan to invest $3.5 billion in the next five years in its “twin-engine” strategy, with around two-thirds of that investment focused on sustainable energies.
VARO presents an opportunity to access industrial and heavy transport customers for green H2 in European heartlands.
Why green Ammonia & the TransHydrogen Alliance
VARO is passionate to be part of the energy transition. VARO has a firm believe that N-Fuel is a very promising energy product and is excited about being a partner in this consortium.
For more information about VARO, please visit www.varoenergy.com.