If you've no account register here first time
User Name :
User Email :
Password :

Login Now

Virgin’s Branson Invests in Cilion

Richard Branson  invested more than $60 million into Cilion recently, a company that will make bioethanol from corn. Cilion raised a total of $160 million earlier this month.

In total, Virgin Fuels, the subsidiary used for the investment, is investing $400 million in several biofuel companies, The Sunday Times reports (via Free Republic). Virgin Fuels is already working with UK’s government to make it economic for train companies to use biodiesel.  Branson is understood to be considering other big investments in a range of other alternative-energy technologies, including wind power, hydro-electric and possibly even small nuclear stations.

Cilion is expected to start work on the first of seven bioethanol plants within a few weeks.

Just the Facts: 8 Popular Misconceptions about LEDs & Controls
Sponsored By: Digital Lumens

  
Environmental Leader Product and Project Awards 2017
Sponsored By: Environmental Leader

  
The EHS Guidebook: Selecting, Implementing, and Using EHS Software Solutions
Sponsored By: EtQ

  
Financing Environmental Resiliency and a Low-Carbon Future with Green Bonds
Sponsored By: NSF International

  

Leave a Comment