Gevo, Inc. has announced that it intends to offer and sell, subject to market and other conditions, Series A units, with each Series A unit consisting of one share of common stock and Series D warrants to purchase a certain number of shares of common stock. Gevo is also offering Series B units, in lieu of Series A units, to those purchasers whose purchase of additional Series A units in the offering would result in the purchaser beneficially owning more than 4.99% of the Company’s outstanding common stock following the completion of the offering.- Microgrid Energy recently expanded its national coverage with the establishment of a permanent office in Denver, Colorado. In October, the company relocated its veteran sales director, Kacie Peters, to establish the market for commercial PACE projects and recruited Mat Elmore, formerly with Elevate Energy, to help head up the new regional team.
- Green Biologics Ltd. is moving forward with the construction of its 100 percent renewable, bio-based n-butanol and acetone manufacturing facility in Little Falls, MN. The existing manufacturing site, formerly known as The Central MN Ethanol Cooperative (CMEC), was acquired by Green Biologics in December 2014 and re-named Central MN Renewables (CMR). Commercial production is scheduled to commence in 2016.
- The Energy Department will present a live webinar titled “Integrating Bioenergy into the 9th–12th Grade Classroom,” on Thursday, December 10, from 4:00 pm to 4:45 pm ET. This webinar is part of the BioenergizeME Office Hours webinar series designed to support high-school educators and administrators in planning activities for their classrooms that integrate bioenergy topics with the life sciences, physical sciences, earth and space sciences, and engineering and technology. In addition this webinar provides information and assistance to advisors interested in participating in the 2016 BioenergizeME Infographic Challenge.
