Leaf Clean Completes $50 Million Investment in Vital Renewable
Thursday, Nov 13, 2008
Leaf Clean Energy Co., a company investing in renewable energy and clean fuels, completed a $50 million preferred stock financing in Vital Renewable Energy Co.
Vital Renewable will develop sugar cane-based ethanol fuel facilities in Brazil, including an integrated electricity cogeneration plant, Leaf Clean said today in a statement distributed by the Regulatory News Service. Leaf Clean was incorporated in the Cayman Islands in May 2007.
Source: Bloomberg
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