Flyers Energy Group Managing Member Walt Dwelle said that he and his three brothers are likely to invest the proceeds from the $775 million sale of their Auburn-based fuel distribution company into real estate and renewable energy assets.
The Dwelle brothers’ Auburn-based Nella Holdings, the parent company of Flyers Energy, has been investing in office buildings, hotels, car washes and mobile home parks as part of a diversification strategy since selling Flyers’ chain of 39 retail gas stations in…