BioCentric Energy, Renewed World Energies to merge; Zenergy acquires Greenlight Biofuels

In California and Texas, two merger and acquisitions were announced of note.

In California, BioCentric Energy Holdings and Renewed World Energies, an established closed loop photobioreactor manufacturer, agreed to merge. BioCentric will be the surviving entity. The Huntington Beach, California facility will be the designated corporate headquarters with the Research and Development arm located in Prague, Czech Republic and the Georgetown, South Carolina location will be the heavy engineering equipment manufacturing and ALGAE production unit of the consolidated companies. The companies announced $6 million in orders for their closed-loop photobioreactors.

In Texas, Zenergy International announced that it will acquire Greenlight Biofuels, which operates a 5 Mgy biodiesel facility in Littlefield. The transaction will be completed within a few weeks and funded internally, as not to cause significant dilution to shareholders.

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