Company Profile
Vyterra Renewables Inc. (“Vyterra”) is a Canadian leader in biomass-based decarbonisation solutions, converting sawmill and forest residues into low-carbon liquids. A wholly owned subsidiary of Ensyn Corporation, Vyterra is advancing a pipeline of Canadian bio-oil production projects built on a proven, commercially de-risked technology platform known as RTP. Vyterra’s near shovel-ready project in Enfield, Nova Scotia, will be owned and operated by Vyterra Renewables Nova Scotia Ltd., a Canadian subsidiary company of Vyterra. RTP is a mature, fast pyrolysis conversion technology developed in Canada, with a strong commercial track record. Seven units currently operate across North America with a combined installed production capacity of 65 million litres of bio-oil per year. The two largest units are in Canada. This operating history gives investors a superior technology risk profile compared with first-of-a-kind clean fuel platforms.
Project Profile
The Enfield RTP Clean Fuel Facility (“the Facility”), located 40 kilometres north of Halifax at the Ledwidge Lumber sawmill site in Enfield, Nova Scotia, will convert approximately 140,000 green metric tonnes per year of sawmill and forest residues into 40 million litres of Low Carbon Fuel Oil (LCFO) — a drop-in replacement for furnace oil, bunker fuel, and compressed natural gas for industrial and institutional heating customers. The Facility will be the first of its kind in Atlantic Canada, positioning Vyterra at the forefront of the region’s forest-sector transformation. Once operational, it will create 35 to 40 direct full-time jobs and support hundreds of additional positions across the regional forest products supply chain, while providing a durable outlet for forest residues that supports wildfire risk mitigation and ecological forestry practices. By displacing imported fossil fuels, the Facility will strengthen Nova Scotia’s energy security, improve the cost competitiveness of its industrial base, and deliver at least 55,000 tonnes of CO2-equivalent lifecycle emissions reductions per year.
Project Highlights
- Greenfield liquid, clean fuel facility
Near shovel-ready; Front-End Engineering Design (FEED) completion targeted for Q3 2026 and Final Investment Decision (FID) for Q4 2026
FEED financing secured and FEED contract awarded to a leading Canadian construction and engineering group
FID and provincial Industrial Approval permit targeted by year-end 2026
Approx. $200 million before financing costs
Equity financing commitment conditional on positive FID
Senior debt financing of $100–150 million sought (prior to refundable Investment Tax Credits)
40 million litres (~10 million US gallons) of a liquid clean fuel known as Low Carbon Fuel Oil (LCFO) or fast pyrolysis bio-oil (the equivalent of 860,000 GJ of thermal energy per year)
Sawmill residues (woodchips and sawdust)
Sustainably harvested forest residues for wildfire risk reduction and ecological forest management
Anchor customer interest secured with Michelin Canada and the Province
The project will generate domestic, liquid class Clean Fuel Regulations (CFR) compliance units
Long-term customer offtake agreements under negotiation
Start of construction: Q2 2027/End of construction: year-end 2028/First product to customers: Q1 2029
