Tag: Pacific Aurora

Aurora Coop’s purchase of Pacific Aurora closes for $52.8 million

Aurora Coop’s purchase of Pacific Aurora closes for $52.8 million

April 20, 2020 |

In California, Pacific Ethanol, Inc. announced it has closed on its agreement to sell its 74% ownership interest in Pacific Aurora, LLC to Aurora Cooperative Elevator Company (Aurora Cooperative) for a total valuation of $52.8 million. After working capital adjustments and settlement of certain payables between the parties, the Company received at closing $20.2 million […]

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Pacific Ethanol sells 74% ownership in Pacific Aurora for $52.8M

Pacific Ethanol sells 74% ownership in Pacific Aurora for $52.8M

March 3, 2020 |

In California, Pacific Ethanol, Inc. announced it has signed a definitive agreement to sell its 74% ownership interest in Pacific Aurora, LLC to the Aurora Cooperative Elevator Company (Aurora Cooperative) for $52.8 million of consideration, subject to certain working capital adjustments. Aurora Cooperative currently holds a 26% ownership interest in Pacific Aurora, LLC. Included in […]

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