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Markets :: Alternative Fuels :: Biorefineries

Cool Planet closes series-D financing round on target

6:27 AM MDT | April 3, 2014 | Francinia Protti-Alvarez

Cool Planet Energy Systems (Camarillo, CA) has closed its series-D financing round at the targeted $100 million, the company announced. All of the current strategic and venture investors added to their investment in this round, and the company says it significantly broadened its investor base. More than 50% of the equity funds from new investors came from outside the United States. The private placement was jointly led by UBS and Goldman Sachs. Cool Planet broke ground on its first biofuel production facility in late February at Alexandria, LA, as reported by CW...

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