Blue Energy Partners secures double-digit million-dollar financing package

Blue Energy Partners has secured new external financing with two global partners, strengthening its capacity across physical operations and international trading activities.

(5 October 2026, Copenhagen) - Blue Energy Partners has secured a double-digit million-dollar financing through two new agreements with global partners. The financing strengthens the company’s capital base as it continues to expand internationally.

Since its foundation by Bijan Shahbaz and Lamin Bara in 2022 in Copenhagen, the company has grown across the world and today operates across seven offices on four continents.

The business has expanded from a Copenhagen-based marine fuel trading business in to an international energy partner with a broader portfolio of marine and environmental solutions. Today, Blue Energy Partners operates its bunker barges in West Africa, supplies ISCC certified biofuels and trades EU, UK and Swiss ETS carbon credits.

The agreements cover different parts of the business. Vessel financing strengthens the company’s physical operations and continued expansion within physical supply, while trade finance and working capital provides additional capacity to accelerate Blue Energy Partners’ international trading activities.

“From the beginning, we have had strong ambitions for Blue Energy Partners and have continuously invested in our people, our capabilities and our partnerships,” says co-founder and Group COO BijanShahbaz. “These agreements are another important step in that journey.  It gives us greater flexibility to pursue opportunities and continue building the business for the long term.”

For the company’s finance organisation, the agreements also represent an important step in developing a capital structure that can support an increasingly international business.

“This is an important milestone from a financial perspective and reflects the confidence our financial partners have in Blue Energy Partners and our balance sheet,” says Group CFO Kenneth Henriks.  “As the business grows, our capital structure needs to grow with it.”

For Blue Energy Partners, the new financing represents more than additional financial capacity. The agreements establish long-term relationships with financial partners, with the ambition for the partnerships to grow alongside Blue EnergyPartners.

“We, together with our new financial partners, see this as just the beginning and expect the partnerships to expand further over the next coming years.” says Group CFO Kenneth Henriks. 

The agreements follow a significant year for Blue Energy Partners, including the company’s rebrand from Global Fuel Supply in May 2026, reflecting its evolution from a fuel trader into a broader marine energy company.

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About Blue Energy Partners

Blue Energy Partners is a global marine energy company founded in Copenhagen in 2022. The company delivers physical fuel supply, marine energy trading, certified biofuels, and ETS compliance services across seven locations on four continents. www.blueenergypartners.com

Media contact:

Narjiss Ghajour

Global Marketing & Event Manager

[email protected]