Bain Capital completes significant equity investment in EcoCeres
Thursday, January 12, 2023
(Press Release) – Bain Capital Private Equity (“Bain Capital”), a leading global investor, announced that it has completed a significant equity investment in EcoCeres, Inc. (“EcoCeres” or the “Company”), an innovative biorefinery company with leading R&D capabilities. The transaction follows Series A investment in EcoCeres from Kerogen Capital in February 2022.
EcoCeres is an Asia-based advanced biorefinery platform with industrial-scale production capacity that converts waste-based biomass into a wide spectrum of biofuels, biochemicals and biomaterials. The Company is one of the few players in the world to produce commercialized HVO (Hydro-treated Vegetable Oil), SAF (Sustainable Aviation Fuel), and cellulosic ethanol. It has a dedicated R&D team with strong chemical engineering backgrounds, and commercially available combined capacity of 300,000 tons per annum of HVO and SAF in operation. Through the implementation of core proprietary technologies, EcoCeres is building up distinct bio-refining capabilities to deliver decarbonization solutions.
