CE+P and Industry
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November 4, 2022
CE+P to raise capital for sugarcane ethanol plant, CEO says
California Ethanol & Power is looking to raise USD 100m to USD 150m in equity for its wholly-owned subsidiary Sugar Valley Energy, co-founder, CEO, and President David R. Rubenstein said. Strategic players interested in acquiring ethanol or biogas produced by the plant as well as private equity funds would be attractive investors, Rubenstein said.