PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frontline BioEnergy, LLC

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frontline BioEnergy Announces New Investment and Management Team - Founding Partner CVEC increases stake with series A equity financing
Frontline BioEnergy Announces New Investment and Management Team

 

NewswireToday - /newswire/ - Ames, IA, United States, 2009/06/12 - Founding Partner CVEC increases stake with series A equity financing.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Frontline BioEnergy, a provider of biomass energy solutions to the biofuels and power industries, announces the completion of a Series A equity transaction with founding partner, Chippewa Valley Ethanol Company (CVEC). The undisclosed equity investment increases CVEC’s ownership and governance position in the biomass technology firm and further validates the ethanol cooperative’s confidence in the potential of Frontline’s technology.

In a parallel move, CVEC General Manager, William A. Lee has accepted the post of Frontline CEO. As a co-founder and board member of Frontline BioEnergy, Lee brings to the new role a deep understanding of Frontline’s technology and its applications. “I am tremendously excited to be working directly with the Frontline team to develop the many potentials of this clean, renewable technology.” CEO Lee said.

In another management change, Dr. Thomas J. Paskach has been promoted to Manager of Business Development for Frontline. Paskach will provide leadership to the company’s sales and marketing efforts and will work with CEO Lee and founders, John Reardon and Jerod Smeenk, to shape Frontline’s strategic direction.

Frontline’s gasification technology converts biomass such as wood chips or corn cobs to replace fossil energy inputs used in biofuels production. Using this approach, corn and cellulosic biofuel processors can mitigate the cost volatility of energy inputs while improving their position relative to evolving carbon intensity metrics required by the federal Renewable Fuel Standard legislation (RFS 2) and various Low Carbon Fuel Standard proposals.

For the electric power industry, Frontline’s technology provides a scalable, fuel-flexible and capital effective solution for re-powering existing coal-fired plants. The US power industry is increasingly recognizing biomass power generation as a highly available and effective means of addressing new Renewable Electrical Standard requirements, especially in regions with marginal wind and solar resources.

Frontline and CVEC are collaborating on a commercial gasification system at the CVEC ethanol facility in Benson, Minnesota. The partners have advanced their understanding of system dynamics and feedstock processing through thousands of operating hours on this 75 ton per day unit since its start-up in April 2008. Frontline also operates a pilot gasification facility in Ames, Iowa where the company is developing advanced gas cleaning technologies.

About Frontline

Frontline BioEnergy (frontlinebioenergy.com), an Iowa LLC based in Ames, is a provider of biomass energy solutions to the biofuels and power industries. The company’s current focus is providing biomass re-powering solutions to the biofuel and power industry through the use of scalable and fuel-flexible gasification systems.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frontline BioEnergy, LLC

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Frontline BioEnergy Announces New Investment and Management Team

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: TJ Paskach - FrontlineBioEnergy.com 
515-292-1200 tjpaskach[.]frontlinebioenergy.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frontline BioEnergy, LLC securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frontline BioEnergy, LLC / Company Profile


Read Energy Most Recent Related Newswires:

Enel and Luxottica Group Inaugurate Innovative Mini-biomass Plant in Northern Italian Town of Agordo
The Abraaj Group and ENGIE to Develop a Wind Power Platform in India
Enel Starts Operation of South America's Two Largest Solar Parks in Brazil
Anheuser-Busch and Enel Green Power Announce Renewable Energy Partnership
EDP Renováveis and ENGIE Consortium Awarded Long-term CfD for 950 MW Offshore Wind Project in UK
E-Distribuzione Installs over A Million Electronic 2.0 Open Meters
ENGIE, through its Subsidiary ENGIE Axima, has Opened Exclusive Negotiations to Buy MCI, French Specialist in Industrial and Commercial Refrigeration
Enel Starts Construction of Peru’s Largest Wind Farm
GE Hits 5GW Milestone of Wind Energy in Brazil
Enel Starts Operations of Delfina Wind Farm in Brazil
GE to Install Advanced Wind Turbines for 150 MW Clean Power Project in Pakistan’s Jhimpir Corridor
ENGIE to Develop its First Renewable Project in Mongolia
Enel Starts Construction of Ayanunga Hydro Plant in Peru
Sundance Square and Green Mountain Energy Announce Extended Clean Energy Partnership
Enel Signs Tax Equity Agreement for 300 MW Red Dirt Wind Project in the USA

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  RightITnow Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)