We hear so much about the ethanol blend wall, that we can be excused for thinking it is the primary wall, or threshold, out there. The Growth Energy publicity juggernaut ceaselessly reminds us that, at 10 percent blends of ethanol, the US can absorb only about 13 billion gallons of ethanol before it has nowhere […]
In California, BlueFire Ethanol Fuels, voted the 19th Hottest Company in Bioenergy for 2009-2010 by Digest readers and a panel of international selectors, announced that the company has changed its name to BlueFire Renewables to more clearly illustrate the company’s capabilities in renewable energy. BlueFire Renewables will continue to trade as BFRE.OB. Its not the […]
After several years in which no biofuels IPOs were launched (or were withdrawn), suddenly there were four. The $78 million IPO for Codexis, which was completed this spring. The $100 million IPO for Amyris which was announced early in the summer, Now a $200 million offering from PetroAlgae and a $150 million registration for Gevo. […]
With the launch of PetroAlgae’s $200 million IPO last week, and news that Solazyme has raised an additional $52 million from its investor group towards its commercialization efforts, questions among investors invariably turn to: algae, how soon as a commercial platform for fuels, chemicals or other bio-based products. Bulls say: Solazyme IPO Interest must invariably […]
In New York, biobutanol and renewable chemical developer Gevo, ranked #13 in the 2009-10 “50 Hottest Companies in Bioenergy” by Biofuels Digest readers and international selectors, filed its S-1 registration statement with the SEC for its initial public offering. The IPO intends to raise up to $150 million in an offering led by underwriters UBS […]
In Washington, here’s a look at some of the more interesting biofuel-related patent applications logged at the US Patent and Trademark Office in recent weeks. The USPTO’s archive is not for the faint of heart, or those with a love of simple, plain language, but certainly provides copious evidence that biofuels inventiveness is all around […]
In California, Solazyme, which was ranked #1 in the 2009-10 “50 Hottest Companies in Bioenergy” by Biofuels Digest readers and selectors, announced that it has raised $52 million in its Series D financing round. Braemar Energy Ventures and new investor Morgan Stanley which includes Lightspeed Venture Partners, The Roda Group, Harris and Harris Group, VantagePoint […]
For some time, cellulosic ethanol producers have been aghast that the cellulosic ethanol mandates within the Renewable Fuel Standard are being annually waived down to insignificance by the EPA. “What’s the point of a cellulosic ethanol mandate if obligated parties can escape their obligation by simply doing nothing to organize capacity?” goes the thinking. “Especially […]
Back in 2008 the death watch began on Imperium Renewables. Though its 100 Mgy multi-feedstock plant in Grays Harbor was, at the time, the largest and most modern biodiesel facility in the US, the company lost its CEO, withdrew a planned IPO, and was forced to cancel a potentially lucrative Hawaiian development project that would […]
In Florida, Biofuels Digest celebrates its third birthday today, and while a look back at the 10 Most Overlooked Stories of the Year is one of our annual offerings for “birthday week”, we are also reporting on a series of breakthroughs. In finance, upstream sustainable feedstock development, midstream next-generation bioprocessing, and downstream market development – […]
