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Pinnacle Asset Management-Backed Viserion Grain Completes Acquisition Of Grain Elevator Facilities

Jul 09, 2021over 4 years ago

Acquiring Company

Mainspring Energy

Acquired Company

Zen-Noh Grain Corporation

Menlo ParkEnergy StorageSolarRenewable EnergyEnergyManufacturing

Description

Viserion Grain, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC, backed by Pinnacle Asset Management, L.P. ("Pinnacle"), today announced the successful completion of its acquisition of certain grain elevator facilities from Zen-Noh Grain Corporation ("ZGC"). The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge.

Company Information

Company

Mainspring Energy

Location

111 TOWN SQUARE PLACE, SUITE 1203

Menlo Park, California, United States

About

Driven by our vision of the affordable, reliable, net-zero carbon grid of the future, Mainspring has developed a new category of power generation — the linear generator — that delivers onsite, fuel-flexible power to accelerate the transition to the future grid.

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