Frontline Bioenergy completes Series B financing, gasifier partnership with SGC Energia
In Iowa, Frontline BioEnergy announced that it has completed its Series B financing, and a set of transactions with SGC Energia that will bring new capital investment to Frontline, an agreement for SGC Energia to license Frontline gasification and gas conditioning technologies and a multi-year contract for Frontline to provide a range of engineering services to support SGC Energia.
SGC Energia is a licensor of various leading technologies used in the transformation of biomass into Fischer-Tropsch products, and is developing and licensing an integrated package of such technology solutions to transform low value feedstock into advanced fuels.
Frontline is a developer of air and oxygen-blown, pressurized, bubbling fluid bed gasifiers, proprietary hot gas filtration and other gas conditioning technologies that are well suited for biomass and waste to energy projects.
Category: Fuels
