Biomass supply company Genera Energy is getting some financial help to expand its biomass operations. This company news release says WindSail Capital Group is investing in the company, giving Genera the resources to scale up its energy crop production and supply chain operations, further expand the portfolio of biomass feedstocks and geographies it covers, and expand the working capital of the company as a whole.
“We look forward to working with the WindSail Capital team, and we appreciate their recognition of the complexity and value of the upstream supply of biomass for a variety of fast growing bio-based markets,” said Kelly Tiller, Ph.D., CEO and president of Genera Energy Inc.
“We see Genera Energy as building the key supply chain infrastructure to help accelerate the bioenergy industry,” said Michael Rand, co-founder of WindSail Capital Group. “As a services business with a market leading position and strong growth prospects, Genera is a terrific fit for our type of capital.”
Genera officials say the investment is not just a significant achievement for Genera, but an important milestone for the bio-based economy as a whole.