CORE BioFuel Hires Osprey Capital Partners as Financial Advisor
January 25, 2012
CORE BioFuel Inc., a company focused on energy security for the North American and European markets, has entered into an exclusive agreement with Osprey Capital Partners Inc. to assist its fundraising/financing efforts.
Osprey Capital will secure equity investment capital to fund the completion of construction engineering for CORE’s first “Green Gasoline” wood-to-gasoline plant to be built in Canada.
CORE BioFuel said the plant completion will enable Core to establish an Engineering, Procurement and Construction (EPC) contract with an international oil/gas engineering company who will define a fixed plant cost. The EPC contract will enable CORE to secure project debt financing as well as performance guarantees for the plants through AON Reed Stenhouse.