VARO Energy ("VARO") is a leading European energy transition company operating throughout the complete energy supply chain. VARO's mission is to is to serve its customer's needs for energy as the world transitions to a new energy paradigm by connecting quickly evolving demand to supply. To this end, the company is capitalizing on the energy transition by leveraging its trading and marketing capabilities as well as manufacturing, distribution, and retail infrastructure to capture opportunities in renewable energy market.The company aims to be a "one-stop-shop" offering customers cutting-edge solutions to meet their changing energy needs. Through a network of resellers and direct distribution channels, VARO distributes a comprehensive range of locally generated energy products and services to its national and international business customers, and end-consumers located in Belgium, Luxembourg, France, Germany, the Netherlands, and Switzerland. VARO is Europe's largest supplier of biofuels to meet increasing market demands, while continuing to supply diesel, gasoline, jet fuel, and heating oil where it is still needed. VARO is clear that repurposing its assets is crucial to meeting the energy needs of tomorrow. The company strategically invests in upscaling its infrastructure and repurposing its assets to further the energy transition. These include manufacturing assets in Cressier, Switzerland, a majority share in the Bayernoil refinery, Southern Germany, as well as storage facilities, distribution and marketing businesses in Benelux, France, Germany, and Switzerland. VARO is focused on reshaping its portfolio to reflect its energy transition aims, including decarbonization initiatives, hydrogen projects, and e-mobility solutions. Among other investments, the company owns a 51% stake in SilviCarbon, a global leader in nature-based Carbon Dioxide Removals (CDRs) and a 49.5% share in E-Flux, a leading provider of electric vehicle charging software.