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Royal Dutch Shell Takes Equity Stake In Biofuel Maker Virent Energy [UPDATE]

Royal Dutch Shell is taking an equity stake, for an undisclosed amount,in Madison, Wisc., biofuel maker Virent Energy Systems. UPDATE 06.09.10: Virent Energy raised $46.4 million in third-round funding from Shelland Cargill Ventures, PeHUB reports. The company previously raised nearly $40 million. Virent’s BioForming technology converts plant sugars directly into gasoline instead of ethanol, making…

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Virent Energy Systems: Partnership With Shell Brings First “Biogasoline” Plant

Shell and Virent Energy Systems, Inc., announced today that production has started at the world�s first biogasoline plant.

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