Advanced BioEnergy Obtains New Financing Round

  • Feed Type
  • 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
  • Venture Investor
    Clean Energy Capital
  • Venture Investor
    Thomas H. Lee Partners

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