Ameresco and HASI Announce Formation of Neogenyx Fuels, a Joint Venture to Accelerate Growth of Advanced Biofuels
Ameresco and HASI formed Neogenyx Fuels, a joint venture valuing the biofuels business at $1.8B post-money. Ameresco retains 70% ownership while HASI commits $400M, with $100M paid directly to Ameresco for deleveraging.
Key figures
- Guidance
- Neogenyx Fuels owned 70% by AMRC, 30% by HASI
- Deal Value Usd
- 1800000000
- Hasi commitment
- 400000000
- Amresco direct comp
- 100000000
AI analysis
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