Advanced BioEnergy Obtains New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a8d61987-2573-4857-872e-ebe4f268ab98&Preview=1 -
Date
12/31/2009 -
Company Name
Advanced BioEnergy -
Mailing Address
10201 Wayzata Blvd Minnetonka, MN 55305 -
Company Description
Advanced BioEnergy, LLC (ABE) is a Delaware limited liability company formed to develop, construct, own, and operate ethanol plants and other biofuels businesses. The Company was founded in January 2005 with the goal of becoming the most efficient, scaled pure play ethanol producer in the United States. ABE intends to establish a multi-plant presence across the United States in order to ensure access to a variety of markets for ethanol and co-products, capitalize on transportation and logistics advantages and reduce the impact of regional drought or disease on the supply of corn and sale of its products. -
Website
http://www.advancedbioenergy.com -
Transaction Type
Venture Equity -
Transaction Amount
Undisclosed -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Clean Energy Capital -
Venture Investor
Thomas H. Lee Partners
