by MBJ Staff Published: January 29,2012
Tags: biofuels, capital, energy, fuels, investing, investment, investors, loans, plant, REFINERY
COLUMBUS — KiOR Inc., a next-generation renewable fuels company based in Pasadena, Texas, has closed a $75 million, four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo).
“This follow-on investment in KiOR reaffirms the continued [...] [...]
PASCAGOULA — Lightfoot Capital Partners, LP, has teamed up with GE Energy Financial Services to make a strategic investment in the liquefied natural gas market.
Lightfoot Capital will make a direct investment and own a 48 percent interest in Arc LNG Holdings, LLC, which will own a 20 percent interest in Gulf LNG Energy’s terminal in [...] [...]
HOUSTON, Texas — Hydro Green, LLC (HGE), a renewable energy development company with proprietary hydropower technology, has secured an equity capital and project development investment from Providence Renewables, LLC of Dallas, TX.
HGE also announced the appointment of Michael P. Maley as president and CEO.
The new funds will be used to expedite the development of HGE’s [...] [...]
Kugman Partners Inc. of Chicago has served as financial advisor to Allan Holdings, LLC, and its subsidiary companies, Pharma Pac and Pro Derma, LLC, and assisted in securing significant investment from First Avenue Partners.
“We were pleased to assist management of Allan Holdings and First Avenue Partners in repositioning Pharma Pac to refresh operations,” said Brent [...] [...]
RIDGELAND — Metropolitan BancGroup Inc. and its banking subsidiary, Metropolitan Bank, has successfully completed a rights offering yielding new capital of $10.8 million.
With assets of approximately $450 million, Metropolitan reported strong, positive earnings growth for the first six months of 2010 and is operating ahead of its profitability projections for the 28-month old private client [...] [...]