Coskata shelves IPO for second time
Category: Fuels
In Illinois, Coskata has shelved its IPO plans for the second time, again citing unfavorable market conditions. The IPO was meant to raise $100 million to fund a natural gas to ethanol facility, backtracking from earlier plans to produce ethanol from biomass. Mascoma, Enerkem and Fulcrum Bioenergy have all pulled out of planned IPOs in the past year.
Category: Fuels