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Bain Capital completed the acquisition of a minority stake in EcoCeres for $400m.

Synopsis

Bain Capital, an American private investment firm, completed the acquisition of a minority stake in EcoCeres, an innovative biomass utilization company, for $400m. “Our partnership with a blue-chip investor like Bain Capital is yet another strong vote of confidence in our leadership in the critically important decarbonization sector. It is my heartfelt belief that both Bain Capital and Kerogen Capital have made their wise decisions to invest in EcoCeres – the innovative advanced bio-refinery platform. A good start means half success, I look forward to a strongly bonded and long-term win-win partnership to serve our common goal for a better and sustainable future,” Philip Siu, EcoCeres Co-founder and CEO.

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