Aemetis to acquire cellulosic ethanol tech company Edeniq
Fuel and chemical company Aemetis agreed to acquire Edeniq, an ethanol technology company, in a stock plush cash merger transaction. Founded in 2008 and headquartered in Visalia, California, Edeniq has raised approximately $100 million from backers including Kleiner Perkins Caulfield & Byers, Draper Fisher Jurvetson, Angeleno Group, The Westly Group, I2BF Global Ventures, and the US Department of Energy. The transaction is subject to approval by Edeniq's shareholders and the closing of financing by Aemetis.
6 May 2016•4 mins read
