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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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The Week In Green Energy: Calling For All Available Investors!

Week of April 19 – to – April 23, 2010 This week, biofuel developer Codexis sold shares as part of its much anticipated Initial Public Offering (IPO). The company sold shares for $13, which was on the low-end of the $13 – to – $15 per share range, raising a total of $78 million. The…

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