Bravo Energy is a leading international environmental and Waste to Energy company. Using proven state of the arts, proprietary technology, the company converts used oil which it collects from industries, car dealerships and lube shops throughout Mexico into marine diesel fuel (MDO) and industrial diesel.
The refinery was built and it’s operated under strict USA EPA and the API standards.
The company has an important economic advantage as it is the only privately owned refinery in Mexico. Under the newly enacted energy law in Mexico, Bravo Energy is able to refine and sell products under the same commercial conditions previously reserved for government owned PEMEX refineries.
Mexico has sufficient crude oil; however it lacks refining capacity to meet its fuel needs. There are no new refineries planned. Consequently, Mexico is importing over 100,000 barrels per day of diesel from the US. This hole in the supply picture allows the Company’s refinery to run at full capacity and with all of the products under contract.
For the current year the Company will generate over USD 1.5 million in positive cash flow. To take advantage of the opportunity due to the shortage of diesel, the company is seeking additional capital to increase its capacity. It will take 6 months to build and commission the refinery expansion.
The Company is offering equity in exchange for USD 10 million which will be used to retire debt, for working capital and to fund the expansion. The company total investment from the founders to date in land, office building, tank farm and refinery infrastructure is over USD 12 million. With the expansion completed the Company will generate over USD 5 million annually and will have no debt. The additional fuel produced will be under contract as well. Senior management has over 60 years combined experience in oil refining and in marketing of fuel products.
Our mission is to protect the environment by collecting used oil and converting it into clean energy products. Much of the close to a million ton per year of used oil generated in Mexico is burnt illegally in unsafe conditions causing great harm to the environment and to the health of the people. According to the World Health Organization, air pollution has now become the number 1 killer in the world.
Each day Bravo Energy refines used oil into clean products, we call it “Fuel with a Purpose”. Our actions reduce dramatically the emissions of harmful contaminants into the air, thus saving lives. Of this, we are very proud. The government of Mexico has recognized our company by awarding us the prestigious Certification of Clean Industry.
Mr. Fortier was one of the founders of Bravo Energy in 1988. Prior to Bravo Energy, Mr. Fortier held executive positions at two different oil companies, where he directed oil supply for two refineries and oversaw the marketing and trading divisions. Mr. Fortier has a BS in Business Administration and a Law degree.