StocksMedium•5 November 2026•
1 min read
Calumet Signs Strategic Agreements to Support MaxSAF Renewable Energy Expansion
Key Facts
1Calumet Montana Refining entered into a long-term lease agreement with Montana Renewables to support the MaxSAF expansion.
2The company announced a revised agreement with Warburg Pincus aimed at advancing the development of its subsidiary Montana Renewables.
Calumet Montana Refining entered into a long-term lease agreement with Montana Renewables to support the MaxSAF expansion project. The company also announced a revised agreement with Warburg Pincus aimed at advancing the development of its subsidiary, Montana Renewables, according to a statement released via PR Newswire.
These strategic transactions are designed to support expansion plans targeting an annual production of 200 million gallons of sustainable aviation fuel by the end of 2028. In the equity markets, CLMT closed at $43.6 on November 4, 2026, with the stock trading between a low of $41.31 and a high of $46.84 during that session.