Denham Capital, a leading energy-focused global private equity firm, announced today that it will invest equity of up to R1,5 billion (US $150 million, 95 million pounds Sterling) in BioTherm Energy, a South African developer, owner and operator of renewable and clean energy generation projects. Commenting on Denham Capital’s investment, Buyelwa Sonjica, South Africa Minister of Minerals and Energy said, “Having opened BioTherm’s... Read more..
The Brazilian Sugarcane Industry Association (UNICA) welcomes the U.S. Environmental Protection Agency’s decision to maintain the Renewable Fuel Standard (RFS) at its current level, but urges Congress to reduce the imported ethanol tariff that increases the cost of gasoline for American drivers. “Today’s EPA decision was sound. It is the high price of gasoline — not the Renewable Fuel Standard — that is driving ethanol... Read more..