Southridge closes private placemnent for El Salvador project; eyes $25 million more for Mississippi plant

April 3, 2008

In Texas, Southridge Enterprises closed a private placement with Nexus Lotts Capital Corporation. Net proceeds were not disclosed, but will be used to finance the company’s sugarcane-based ethanol plant in El Salvador and land acquisition in Texas. The company is pursuing an additional $25 million in financing towards an ethanol plant in Mississippi.

Chinese investment firm acquires 20 percent of Southridge ethanol project in El Salvador for $4 million

In El Salvador, Southridge Enterprises has finalized a deal with Beijing-based Shenyang Rrzk in which the Chinese investment firm would acquire 20 percent of the 20 Mgy El Salvador ethanol proje...

Southridge contracts for 20 Mgy in ethanol sales for $48 million; ahead of schedule with El Salvador plant

In El Salvador, Southridge Enterprises said that it is ahead of schedule with construction on its new ethanol plant, and has signed a sales agreement for 20 Mgy of output with Jinsung Ho Trading Group...

Southridge signs 15 Mgy ethanol offtake contract for its Brazilian plant with Hong Kong trader

In Texas, Southridge Enterprises has signed an agreement to ship 15 Mgy of sugar cane ethanol to Hong Kong's Jinsung Ho Trading Group. The ethanol will be shipped from Southridge's Petrozilian Energia...

Southridge to commence construction on 20 Mgy ethanol plant in El Salvador

In El Salvador, Southridge Enterprises will commence construction this month on its 20 Mgy Salvadorean ethanol plant. The company will construct a 15 Mgy ethanol drying facility for export markets and...

Southridge to build 5 Mgy sugarcane ethanol plant in El Salvador; firm will also re-export Brazilian ethanol to US to bypass tariff

In El Salvador, Southridge Enterprises will construct a 5 Mgy ethanol plant in El Salvador. The company said that it will import ethanol from Brazil, dehydrate it, and reexport the fuel to the United ...

Southridge raises $7.5 million additional equity for Brazil ethanol venture from Durmundo Carasca, Briskul Transaccao

In Brazil, Southridge Enterprises has secured $7.5 in additional finance for its Southridge Brasilia ethanol plant. Durmundo Carasca invested $5 million to bring its investment to 15 percent in the pr...

Written by Jim Lane · Filed Under Producer News