Greenline Industries secures R&D funding

By | May 14, 2008
Larkspur, Calif.-based biodiesel technology provider and biodiesel producer Greenline Industries raised $20 million in a Series A financing round with Leaf Clean Energy Co., a publicly traded, London-based, $400 million clean energy fund that focuses on investment opportunities in North America. According to Greenline Chief Executive Officer John Kinney, the "initial investment will allow Greenline to accelerate research and development to improve upon its existing technology and add new products to reduce the costs to produce biodiesel."
 
 
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