Green Car Congress

JUNE 29, 2013

million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 As we are finalizing the construction of the Enerkem Alberta Biofuels facility in Edmonton and developing our next facilities, we take this new corporate equity investment as a vote of confidence in Enerkem’s growth strategy.

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Financing Waste Companies Canada 210

Green Car Congress

APRIL 7, 2012

Omnitek Engineering Corporation, a developer of natural gas engines and diesel-to-natural gas conversion systems, has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 million in gross proceeds. Merriman Capital, Inc.

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Financing Conversion Engine Diesel 236

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana.

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Financing Renewable Diesel Louisiana 186

Green Car Congress

DECEMBER 23, 2010

completed a financing for C$5 million (US$4.96 Each share purchase warrant is convertible into one common share of the corporation. This financing provides valuable working capital for future growth, including certain strategic initiatives. Canada-based Li-ion battery maker Electrovaya Inc. issued to the lender.

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Financing Li-ion Energy Storage Lithium Ion 218

Green Car Congress

OCTOBER 21, 2022

NMG is also has entered into unsecured convertible note subscription agreements with each of Mitsui, Pallinghurst and Investissement Québec pursuant to which NMG has agreed to issue to each holder an unsecured convertible note for aggregate gross proceeds of US$50 million.

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NMG Energy Canada Climate Change 199

Green Car Congress

DECEMBER 9, 2011

These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan. Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power.

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Financing Commercial Michigan Corporation 210

Green Car Congress

DECEMBER 19, 2011

Agilyx Corporation has secured a new round of Series C funding worth $25 million, led by new investor Keating Capital and joined by existing investors Kleiner Perkins Caulfield & Byers, Saffron Hill Ventures, Waste Management, Total Energy Ventures International, an affiliate of Total S.A., Earlier post.). Earlier post.).

Waste 210

Waste Financing Companies Oregon 210

Green Car Congress

JANUARY 24, 2023

To leverage these unique capabilities beyond fusion, TAE Power Solutions developed proprietary intelligent AC power (ACi) and Converter Battery Module (CBM) technology that features fully integrated energy storage and power electronics to unlock greater efficiency and performance from modern power systems. billion.

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Fusion Power Powered Companies 250

Green Car Congress

FEBRUARY 14, 2012

OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. million in outstanding 3% Convertible Senior Notes due 2013. On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. Earlier post.)

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Corporation Conversion Companies Sale 210

Green Car Congress

MAY 5, 2010

Axial Vector Energy Corporation (AVEC) has developed a new hybrid electric drive train comprising a small axial-type, multi-fuel AVEC engine ( earlier post ), an AVEC generator/motor and an all new electric clutch. The electric clutch is composed of AVEC permanent magnets and coils and is engaged when the two come in proximity.

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Corporation Engine Hybrid Energy 236

Green Car Congress

SEPTEMBER 14, 2009

Mascoma Corporation has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures (CTV), a division of Chevron USA, Inc. Mascoma will then convert the feedstock to cellulosic ethanol through its proprietary process, which produces lignin as a by-product. Earlier post.)

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Chevron Convert Fuel Supplies 249

Electric Vehicles India

SEPTEMBER 28, 2021

The passengers can carry electric bikes and scooters and bicycles in Kerala State Road Transport Corporation (KSRTC) buses. Kerala State Road Transport Corporation (KSRTC) had issued a tender to lease 1,500 electric buses. The Kerala Finance Corporation will provide loans to purchase electric cars at an interest rate of 7%.

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Transportation Charging Tax Corporation 52

Green Car Congress

JUNE 11, 2014

ZAP will begin financing discussions with fleet operators pending successful completion of the trial which is likely to run through the winter season. ZAP plans to utilize this financing alliance to pursue other volume fleet opportunities in the Americas and SE Asia.

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Conversion Li-ion Financing Lead Acid 225

Green Car Congress

AUGUST 22, 2012

Startup US Fuel Corporation (USF), which plans to design, build, own and operate scalable facilities near coal mine sites to convert coal into synthetic fuels, will acquire coal-to-diesel intellectual property (IP) that USF co-developed with an executive team consisting of Paul Adams and Steve Luck. Andrew Halarewicz, Sr.

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Coal Diesel Fuel Kentucky 225

Green Car Congress

AUGUST 16, 2012

US-based Li-ion battery manufacturer A123 Systems announced the execution of definitive agreements with China’s Wanxiang Group Corporation, which follows the non-binding memorandum of understanding (MOU) that A123 signed with Wanxiang on 8 August 2012. Earlier post.) — David Vieau, CEO of A123.

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Convert Li-ion Financing Massachusetts 231

Green Car Congress

DECEMBER 25, 2014

Japan’s New Energy and Industrial Technology Development Organization (NEDO) has selected IHI Corporation and Toshiba Corporation as co-researchers in a project to develop and to demonstrate an underwater floating-type turbine system for ocean energy power generation. The project is slated to continue until FY 2017.

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Energy Power Powered Japan 210

Green Car Congress

AUGUST 8, 2012

A123 Systems, a developer and manufacturer of advanced lithium-iron phosphate batteries and systems, signed a non-binding memorandum of understanding (MOU) with Wanxiang Group Corporation establishing the framework for a strategic investment through which Wanxiang would invest up to $450 million in A123. million (a decrease of 53% from $36.4

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2012 2011 Convert Corporation 273

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MAY 21, 2015

Global Bioenergies, a developer of one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, and Cristal Union, the 4 th largest European beet producer, have formed IBN-One, a joint venture to build and operate the first plant in France converting renewable resources into isobutene.

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Renewable Global France Grant 150

Green Car Congress

AUGUST 24, 2010

a global biotechnology company focused on the discovery, development, manufacture and sale of specialty enzyme products and solutions for the bioenergy, industrial enzyme and biopharmaceutical industries, has completed a private placement of $3, million convertible subordinated secured promissory notes with two investors.

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Convert Financing Conversion 2013 218

Green Car Congress

JANUARY 27, 2023

Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. The ethanol will be converted to sustainable aviation fuel at LanzaJet’s Freedom Pines Fuels facility, in Soperton, Georgia. Comstock Inc.,

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Production Carbon Conversion Mariner 225

Green Car Congress

AUGUST 8, 2018

Velocys has engaged the global leading project finance bank, Sumitomo Mitsui Banking Corporation (SMBC), as the lender of record and as its financial advisor. The plant is expected to convert locally-sourced woody biomass waste into enough renewable fuel to meet the demands of running around 40,000 diesel and gasoline trucks.

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Mississippi Waste Fuel Renewable 170

Green Car Congress

JANUARY 13, 2011

Valero Energy Corporation, the US’ largest independent oil refiner, has invested in cellulosic biofuels and consolidated bioprocessing company Mascoma Corporation ( earlier post ). Valero Energy Corporation is an international manufacturer and marketer of transportation fuels, other petrochemical products and power.

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Commercial Michigan Corporation Financing 199

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OCTOBER 16, 2012

to Wanxiang America Corporation on the 3.75% convertible subordinated notes due 2016 in the aggregate principal amounts of $143,750,000. First, the company does not expect to pay its October interest payment of $2,695,312.50 Earlier post.). in aggregate principal amount of which are currently outstanding.

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Li-ion Convert Financing 2016 268

Green Car Congress

NOVEMBER 23, 2011

The Sundrop Fuels advanced biofuels plant will cost approximately $450 to $500 million to build and will be financed in part through the sale of tax-exempt Private Activity Bonds, which do not entail any financial obligation from state or local authorities. Chesapeake invested $155 million in Sundrop Fuels last summer.

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Louisiana Fuel Convert Renewable 186

Green Car Congress

JUNE 21, 2011

Sugarcane will be converted into bioethanol to meet demand in European and domestic markets. In addition to the independent studies that have already been conducted and are publicly available, the financing partners will perform on-going monitoring to ensure that the project fully meets its commitments.

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Sierra Leone Sierra Renewable Power 199

Green Car Congress

APRIL 27, 2011

Accelergy Corporation has received a $1.3-million The new grant will allow Accelergy and its partners to showcase their fully integrated process for converting coal to liquids, and inform plans to develop commercial-scale facilities in the state. Dave Kessler first brought the company to Pennsylvania.

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Pennsylvania Coal Grant Carbon 210

Green Car Congress

DECEMBER 20, 2016

The preference shares may be repurchased or converted into listed ordinary shares upon the majority shareholder’s decision. The bonds were issued for general corporate purposes and aimed at increasing the company's financial flexibility. At this time, no decision has been taken.

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Volvo Cars Sale Europe 150

Green Cars News

JULY 11, 2009

The debt restructure was expected to leave Lear with $1.1billion in debt and $500million of convertible shares. The DIP agreement will see the financing convert into exit financing with a three-year term on Lear’s emergence from bankruptcy. It aims to emerge from the process quickly.

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Corporation Financing Convert Green Cars 32

Green Car Congress

AUGUST 20, 2015

Intrexon’s proprietary methanotroph bioconversion platform uses optimized microbial cell lines to convert natural gas into higher carbon compounds such as isobutanol and farnesene under ambient temperatures and pressures.

Gas 150

Gas Commercial Companies Conversion 150

Green Car Congress

JUNE 9, 2011

million) to advance its YXY technology, which converts carbohydrates into furanic building blocks for making renewable materials and fuels. YXY is a patented technology that converts biomass into furanics building blocks such as FDCA (2,5-Furandicarboxylic acid).

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Polymer Green Fuel 2000 199

Green Car Congress

OCTOBER 17, 2014

The running total is 122 manufacturing and non-manufacturing operations spanning Asia, Europe, and South and North America that recycle, reuse or convert to energy all waste from daily operations. Eleven more General Motors facilities have achieved landfill-free status. GM’s new landfill-free facilities include: CAMI Assembly (Canada).

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GM Colombia Waste Michigan 225

Green Car Congress

JULY 2, 2012

JPMorgan Chase has agreed to provide working capital financing for intermediate products owned by the refinery in the form of an asset-backed loan, subject to documentation. Capital for this investment will come from the Carlyle Equity Opportunity Fund and the Carlyle Energy Mezzanine Opportunities Fund.

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Philadelphia North Dakota Pennsylvania North America 225

Baua Electric

AUGUST 11, 2023

CEO Jim Farley as soon as known as the corporate’s industrial trade unit, Ford Professional, its “secret weapon.” It’s device, charging, provider, finance and so they all come in combination to put together it tremendous easy for the client. Ford Motor Co. It’s now not simply cars anymore.

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Store Ford Fleet Re-Charge 52

Green Car Congress

JANUARY 3, 2019

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. Going forward, our primary goal for both current and future capital initiatives is to leverage the best available financing solutions that will provide liquidity and favorable economics.

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Financing Purchase Energy Batteries 259

Green Car Congress

JUNE 8, 2010

million third round of funding in which Shell and Cargill deepened their commitments to Virent’s technology platform, which converts plant sugars into sustainable hydrocarbon fuels. The financing follows a March 2010 milestone in which Virent announced the successful start-up of the world’s first biogasoline production plant.

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Diesel Fuel Renewable Commercial 199

Green Car Congress

SEPTEMBER 17, 2009

Darling International and a subsidiary of Valero Energy Corporation are taking initial steps towards the formation of a joint venture to build a facility capable of producing more than 10,000 barrels/day or (135 million gallons per year) of renewable diesel on a site adjacent to Valero’s St. Charles refinery near Norco, Louisiana.

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Renewable International Diesel Louisiana 199

Green Car Congress

DECEMBER 20, 2009

The second tranche will be issued to allow Valero to maintain their tranche-one equity stake of 25% based on the conversion of any of the other currently outstanding Mission convertible securities. The agreement further provides a subsidiary of Valero the right to purchase up to 25% of Mission at A$0.45 million expiring 30 September 2012.

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Supplies Malaysia Mauritius India 230