Whopping $113M round for biodiesel company, Imperium
Biodiesel company Imperium Renewables, of Seattle, said it has raised $113 million in equity financing and is wrapping up a $101 million line of credit, continuing the massive injection of capital into the alternative fuel sector.
The financing of Imperium, run by former Microsoft executive and venture capitalist, Martin Tobias, is believed to be the biggest private equity investment in the sector to date.
The company said Société Générale is arranging the credit financing.
From the statement:
The… Continue Reading