History

ARFuels was founded by Amadeus Energy Limited in 2001 and since then has constructed a noteworthy timeline of actions contributing towards the creation of a more sustainable future.

November 2011 Acquisition of Biodiesel Producers Limited
July 2009 Wasabi Energy Limited and the AEH Group secured significant interest in ARFuels' shareholding throughout 2009, including via a major rights issue which raised a further $2.25 million.
2006 Construction of ARFuels biodiesel plants was completed.
May 2005 ARFuels was listed on the Australian Securities Exchange (ASX).
December 2004 A $16 million capital raising to further fund the growth of the business was completed through a placement of non-interest-bearing Convertible Notes. These funds have been used to establish the second biodiesel plant at Picton, in Western Australia's south west.
September 2004 With all funding arrangements and core documentation in place, the plant was ordered.
June 2004 The project was given substantial backing by the Commonwealth Government, with an offer of $7.15 million in assistance awarded to ARF under the first round of the Australian Government's Biofuels Capital Grants Program.
February 2004 Amadeus Energy Limited announced that debt funding had been approved by their US bankers, Wells Fargo Bank, for the first plant.
March 2003 ARFuels successfully completed equity raising for its first project.


To find out more about creating a sustainable future with biodiesel, contact us on (03) 9981 0010 or