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Canadian cellulosic ethanol developer Woodside Biofuels garners first institutional investor

March 27, 2008

In Canada,  Investeco Capital said that they would invest in cellulosic ethanol producer Woodland Biofuels of Ontario. Investeco said that Woodside’s Catalyzed Pressure Reduction technology have it a material advantage over other cellulosic ethanol producers as well as first-generation biofuels. Woodside recently received $9.8 million from Sustainable Development Technology Canada towards the cost of its demonstration plant, but Investeco’s capital infusion was not disclosed.

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    Written by Jim Lane · Filed Under International 

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