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Fuel Oil, Heating Oil and Gas Information Blog 12 November 2008

12 November 2008

Solix Biofuels raises $10.5 million in Series A financing

Posted at 11/12/2008 5:33:00 PM

Do not guess what I have already said I knew everything include the algae to fuel. Had a brains like a bare page of paper, or an unfilled vessel that will be slowly crammed up, absorbing indiscriminately form the farther world.

When we encounter, as most of us do, how little our precious possessions will fetch in the marketplace we are slanting to be disillusioned, aftermath to feel that we are being updated.

In Colorado, algae biofuel producer Solix Biofuels announced that it has raised $10.5 million in its Series A, first-spherical of farther financing from cleantech investors. The crowd said that it has also agreed with investors regarding an additional $5 million in financing that will be worn to back the circle's pilot algae production skill in Durango. The financing was led by London-based I2BF Venture Capital and Fort Collins-based Bohemian Investments. Other participants contain.

Aside from this, all gear I known have been centered together and given a new picture. I judge that is fabulous, you should read it: Read the rest of this entry »

Posted at 17:33 0 comments


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These institutions', American Development Bank, World Bank, U.S. Overseas Private Investment Corporation, U.S. Import Bank, $352 million in approved financing for 18 projects; thus, fossil fuel financing in the Americas outpaces clean energy by a ratio of 63 to 1. Most of this investment in fossil fuels has come from US taxpayers, who are unwitting underwriters of loans, guarantees and subsidies to Big Oil. Although the Americas have obtained over $22 billion in public support for fossil fuels since the Rio Earth Summit in 1992, most of this oil and gas has been exported to the U.S.

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