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Solazyme Venture Signs Landmark Supply Deal With Pentagon

A joint venture between Tyson Foods and a unit of Solazyme, the Bay Area maker of algae-based biofuel, have secured a contract to sell the U.S. Navy up to 450,000 gallons of next-generation drop-in biofuels.

ZeaChem Raises Another $5M

ZeaChem, a developer of cellulosic ethanol and biochemicals, has raised an additional $5 million $24 million in new equity financing. This brings the total raised for the Series C to more than $24 million. 

Waste Management Buys Into Fulcrum Bioenergy, Agrees to Finance Companys Launch Project

Fulcrum Bioenergy, a company that makes advance biofuel from garbage, has found a way to finance a crucial pilot plant thanks to Waste Management, which on Friday announced the acquisition of a minority equity stake in the California biofuel company. As part of …

Shell Canada Eyes Construction of Biofuel Plant

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BP Invests $96M in Brazilian Biofuel Companies

BP is strengthening its global biofuel portfolio by investing close to $100 million in two separate Brazilian producers of sugar-based ethanol.

Genomatica Hires Morgan Stanley to Underwrite $100M IPO

Genomatica, the maker of green chemicals, has filed for a $100 million Initial Public Offering, according to a Securities and Exchange Commission (SEC) document.

Coskata Raising Series D From Total, Blackstone, Other Investors

Coskata, the Warrenville, Ill. waste-to-biofuel developer, has raised more than $20 million in a Series D, according to a regulatory filling

Exclusive: Rentech Refinances $85M Loan, Plots Financing of 55 MW Biomass Project

Rentech, the Los Angeles-based renewable energy developer, has refinanced an $85 million term-loan and says it could tap its new $125 million credit to finance a 55 megawatt biomass power project in Florida. Long-time Rentech banker Credit Suisse arranged the refinancing. The  original …

Montreal’s Enerkem Scores Investment From Valero

Enerkem, the Canadian waste-to-biofuels company, has closed C$59 million ($60.9 million) in financing. The group of investors, led by U.S.-based refiner Valero Energy, put up the money to support  the development and construction of biofuel refineries in the southeastern United States. Returning investors, including Waste …

Exclusive: Australian Biofuel Co. To Begin Supplying U.S. Refiner

Mission NewEnergy, the Perth-based maker of jatropha and palm oil-based biofuels, anticipates to start supplying about 1.5 million barrels annually to Valero over the next few months, a little less than two years after the contract was initially announced. “We are waiting to …