FUTURE FUELS SECURES FINANCIAL BACKING FOR GRIMSBY ETHANOL PLANT
Tuesday June 05 2012
Volume: 10 Issue: 19
Investment company Future Capital Partners (FCP) has secured both senior debt and government underwriting for Future Fuels' proposed ethanol plant in Grimsby, UK. The Belgian Export Credit Agency, the Office National De Ducroire (ONDD), has underwritten the senior debt for its GBP210 mln ($1=GBP0.642) fuel ethanol project. In addition FCP has also confirmed that a major senior lender will be supporting the debt both by participating and being the mandated lead arranger in raising the remaining senior debt.
© Informa UK Limited. All rights reserved. Copyright contained in any part of this article is owned or and/or controlled by Informa UK Limited No part of the article may be reproduced, stored in a retrieval system, or transmitted in any form or by any means electronic, mechanical, photographic, recorded or otherwise without the prior written permission of Informa UK Limited though you may print or download the article (in whole or in part) for your personal and non-commercial use.
