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    Friday, June 22, 2007

    AltraBiofuels Raises $165.5M In Debt For Ethanol Plants


    Los Angeles-based AltraBiofuels, which is developing renewable biofuel plants, said Thursday afternoon that it has raised $165.5M in debt financing for construction of two ethanol production facilities. The facilities will be located in Coshocton, Ohio and Cloverdale, Indiana. Altra is venture backed by Angeleno Investors, Khosla Ventures, Kleiner Perkins Caufield and Byers, Omninet Capital and Sage Venture Partners. The debt financing for Indiana came from AgStar and Home Federal; the debt financing for the Ohio project came from bonds issued by the Ohio Air Quality Development Authority.
    posted on Friday, June 22, 2007

    Related stories:
    > Kleiner Invests In Altra
    > Altra Breaks Ground On Nebraska Ethanol Facility
    > Earthanol Gets $7.1M
    > Altra Starts Construction Of Ethanol Production Facility
    > eSolar Raises $130M For Solar Power Plants

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