Kirkland Helps Bain Capital Invest in Asian Biomass Refiner

Jan. 18, 2023, 9:45 AM UTC

Kirkland & Ellis represented Bain Capital Private Equity on its “significant equity investment” in EcoCeres Inc., an Asia-based biomass refining company majority owned by Hong Kong & China Gas Co.

EcoCeres’ web site says its platform uses proprietary technologies to convert waste-based biomass into low-carbon biofuels, biochemicals, and biomaterials. It says it has commercially available combined annual production capacity of 300,000 tons of second-generation biodiesel and “sustainable” aviation fuel.

EcoCeres, which received a Series A investment from Kerogen Capital in February 2022, said Bain Capital’s industry experience and resources will help it to advance its renewable energy technologies and grow ...

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