ABG partners with ArcLight Capital Partners

By | November 10, 2006
Advanced Biodiesel Group North America (ABG), a wholly owned subsidiary of Australian Biodiesel Group Ltd., signed a joint venture in August with ArcLight Capital Partners LLC, an energy investment firm based on the East Coast. Under the venture, each party will contribute up to $50 million toward the development of two biodiesel facilities in the United States and one in Canada. According to ABG, each of the facilities will utilize a modular continuous transesterification process technology, replicating the design of ABG's 42 MMgy plant in Narangba, Queensland, which came on line in August.
 
 
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