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ExxonMobil led a $145m Series C financing round in Global Clean Energy Holdings.

Synopsis

ExxonMobil, a vertically integrated renewable fuels company, led a $145m Series C financing round in Global Clean Energy Holdings, an international petroleum and petrochemical company. “It provides additional capital to complete and enhance our Bakersfield biorefinery, restructures the existing mezzanine debt in a manner that will allow our Company to realize significant future cash flows and accelerates our upstream camelina feedstock deployment. We are also pleased to welcome Amy Woods and Nick Jones to the Company’s Board of Directors,” Richard Palmer, Global Clean Energy Holdings CEO and President.

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