Genera Energy receives growth investment
Biomass supply company, Genera Energy, has received a financing commitment from Boston-based investment firm WindSail Capital Group that provides financing to companies focusing on advancing energy and sustainability.
The investment will enable Genera to continue its international growth by helping scale its energy crop production and supply chain operations, expand the variety of biomass feedstocks and develop the working capital.
‘For more than a decade we’ve seen focused attention and resulting improvements in the advanced technologies that unlock the potential of abundant and renewable biomass resources to produce fuels, chemicals, materials, power and products,’ says Kelly Tiller, CEO and president of Genera Energy. ‘As these proven technologies are now moving from labs to full production scale, there is a growing recognition that the economic competitiveness and true sustainability of the bioeconomy hinge on the cost and reliability of the upstream supply of biomass.'