Ampal-American, Merhav agree on debt to equity conversion for Colombian ethanol project

January 4, 2010 by Jim Lane
Filed under Biofuels

In Colombia, Ampal-American Israel announced an agreement with Merhav to convert Ampal’s $22.249 million loan into a 25 percent equity interest in the 25,000 acre, 29 Mgy sugarcane ethanol plant, which will produce fuel towards the 10 percent ethanol mandate in Colombia.

Ampal-American, Merhav agree on debt to equity conversion for Colombian ethanol project is a post from: Biofuels Digest

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Tags: Biofuels, Colombia, ethanol, International

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