Green Biologics Wins Award at Global Cleantech Forum Europe 2015
28th April 2015
Collects Standout Fundraising Achievement of the Year Award by Cleantech Group
Gahanna, Ohio and Abingdon, England (April 28, 2015) – Green Biologics Ltd., a U.K. based industrial biotechnology and renewable chemicals company was awarded the Standout Financial Achievement of the Year Award on April 28, 2015 in Florence, Italy by Cleantech Group, whose mission is to connect corporates to sustainable innovation through the i3 market intelligence platform, expert consulting services, and global events. Green Biologics was named to the Global Cleantech 100 list in 2009, 2011 and 2014.
The Standout Fundraising Achievement of the Year Award is awarded annually to a company or investor active in clean technology in the Europe and Israel region whose fundraising achievement in the past 12 months stands out as for its audacity, its novelty, its impressive execution or the quality of its syndicate, or its pioneering or example-setting nature. Richard Youngman, Managing Director Europe for Cleantech Group said, "Green Biologics won this award based on the impressiveness of raising over $100 million since December 2013, including $76 million in December 2014 in a creative combination of venture debt and equity, including raising funds at the project level in Minnesota from the farmer owners of the local cooperative selling the Minnesota plant that will produce butanol and acetone. He adds, This is a significant achievement in today’s world, and clearly demonstrates that those shareholders (and farmers) closest to Green Biologics’ activities have strong belief in what the company is doing.
Sean Sutcliffe, Chief Executive of Green Biologics, Ltd. adds, "We are delighted that our fundraising has been recognised in this way. This award recognises the clear route to commercialisation that Green Biologics is taking, from laboratory and demonstration facilities to the present repurposing of the Central Minnesota Renewables ethanol plant for butanol and acetone production in 2016. Alongside this technology development the progress in collaborations with customers for renewable chemicals has underpinned the strong investment case that we were able to present to existing shareholders and new funding partners."
The award was presented to Green Biologics at a gala dinner on April 28, 2015 in Florence, Italy at the Florence City Hall, the world famous Palazzio Vecchio. Mr. Sutcliffe from Green Biologics, Ltd. was on hand to accept the award.
About Cleantech Group
Fouded i 2002, Cleateh Group’s issio is to aelerate sustaiale ioatio. Core to this ission is i3, an online platform that connects corporates with innovation, at scale, by allowing them to find, vet, and connect with start-ups—efficiently building an innovation pipeline. In conjunction with i3, we offer premium Advisory Services for corporates in need of expertise designing and executing strategies for sustainable innovation, and managing the pipeline created in i3. The i3 platform comes to life at our global Events, which convene corporates and start-ups, along with other players shaping the future of sustainable innovation.
Cleantech Group is headquartered in San Francisco, and has offices in London and New York. For more information, visit: www.cleantech.com
Yvette Shirinian Cleantech Group Tel: +1 (415) 233-9712 Email: firstname.lastname@example.org
About Green Biologics
Green Biologics Ltd (GBL) is a renewable chemicals company based in Abingdon, England with a wholly owned U.“. operatig opay, Gree Biologis I., ased i Gahaa, Ohio. GBL’s Clostridium fermentation platform converts a wide range of sustainable feedstocks into high performance green chemicals such as n-butanol, acetone, and through chemical synthesis, derivatives of butanol and acetone used by a growing global consumer and industrial products customer base. The platform combines advanced high productivity fermentation with superior-performing proprietary Clostridium microbial biocatalysts and synthetic chemistry to produce a pipeline of high value green chemicals with optimal performance in downstream formulations.
Green Biologics was named to the Global Cleantech 100 list of the top Cleantech companies in the world for 2014. The company was also #6 on the Hottest Small Companies in the Bioeconomy and #28 on the Hottest 30 list for Bio-based Chemicals and Materials for 2014.
Green Biologics is transforming the global chemicals market, providing its customers with products and technology that are more sustainable and higher value than petroleum-based alternatives. For more information, visit www.greenbiologics.com.
Timothy Staub Global Vice President Business Development, Tel: 1 (804) 368-6136, Email: email@example.com
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