Asset Manager

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Red Rock Biofuels

Red Rock Biofuels is a Fort Collins-based company founded in 2011. It develops processing plants to convert woody biomass into diesel and jet fuels.

Red Rock Biofuels

Red Rock Biofuels is a Fort Collins-based company founded in 2011. It develops processing plants to convert woody biomass into diesel and jet fuels. The company has secured no total funding.

General information

Firm type

Asset Manager

Location

Region

Europe

Country

United States

City

Fort Collins

Corporate office

Fort Collins, CO, United States

Sector focus

Energy Transition & RenewablesClimateTechInfrastructure

Frequently asked questions

Who runs investment decisions at Red Rock Biofuels?

The firm was founded by Terry Kulesa (formerly of Chevron) and Mark Stiegler (former biomass project developer). Leadership details beyond these founders are not publicly available (per public record). Investment decisions appear to be project-level, driven by offtake partners and project-finance commitments.

How does Red Rock Biofuels source proprietary deal flow?

The firm focuses on a single flagship project in Lakeview, Oregon. It does not operate as a fund with diversified deal flow; its proprietary technology license from Velocys and its long-term government fuel contracts serve as its competitive advantage (per US Department of Energy).

Is Red Rock Biofuels structured as a family office or an operating company?

The firm operates as a private renewable fuels development company, not a family office. Its investors include Suncor Energy and other institutional partners (per Suncor corporate reports). No family-office structure has been disclosed.

Does Red Rock Biofuels participate in fund commitments or only direct deals?

The firm is not a fund manager. It engages in direct project development and project-finance structuring, using equity from investors and debt from federal programs. It does not accept external LP capital for fund-style vehicles.

What investment stages does Red Rock Biofuels typically target?

Red Rock Biofuels operates at the commercial-scale development stage, having passed early R&D. It seeks to build and operate first-of-a-kind facilities that convert biomass into liquid fuels. The firm does not typically invest in early-stage technology bets or publicly traded securities.

Which sectors does Red Rock Biofuels explicitly avoid?

The firm exclusively targets the renewable-fuel-from-forest-biomass sub-sector. It does not participate in corn ethanol, waste-to-energy, anaerobic digestion, solar, or wind. Its technology pathway (Fischer-Tropsch) limits its focus to hydrocarbons from biomass.

Where does the underlying wealth come from?

The wealth origin of Red Rock Biofuels' principals is not publicly disclosed. The founders' backgrounds include corporate oil and biomass development, but no personal fortune is attributed (per public record).

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