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Creative Finance Mechanisms Enable Advanced Biofuel/Bioenergy Project Development
Finding funding for new commercial biorefining and bioenergy projects is often a difficult and unsuccessful task in a capital restrained environment, but Mintz Levin’s Mark Riedy explains how it can be done. In Ethanol Biofuel and News (EBN), Riedy discusses different financing options and their benefits, such as the use of specific taxable bonds and government backed loan programs, to outline just some of the ways these new projects can access funding.
Together with the investment banking firm Stern Brothers and its counsel Krieg DeVault, Mintz Levin has used a number of these methods to help 12 U.S. based commercial scale advanced biofuels and bio-based chemical project receive funding. Read on to learn more about these upcoming trends in bioenergy financing here.
Posted with permission by Hart Energy as seen in the January 16, 2013 issue of Ethanol & Biofuels News.