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Global Clean Energy Holdings, Inc. Receives Funding From Exxonmobil To Advance Renewable Diesel Production And Camelina Expansion

PRIVATEFeb 08, 2022

Round Type

Funding Round

TorranceEnergyAgriculture and FarmingRenewable EnergyBiofuel

Description

Global Clean Energy Holdings, Inc. (OTCQX: GCEH) is advancing its renewable diesel production through an agreement with ExxonMobil, which will invest $125 million with an option to acquire up to a 25% equity stake in the company. The investment, outlined in filings with the U.S. Securities and Exchange Commission, will help Global Clean Energy grow its proprietary camelina business in key farming regions in the United States and accelerate expansion into Europe and South America.

Quick answer

Global Clean Energy raised an undisclosed amount in a Funding Round round, dated February 8, 2022. Global Clean Energy is based in Torrance, California, United States.

How much did Global Clean Energy raise?
Global Clean Energy raised an undisclosed amount in a Funding Round round on February 8, 2022.
What does Global Clean Energy do?
Global Clean Energy Holdings, Inc. (“GCEH”) is a vertically integrated renewable fuels company specializing in nonfood-based feedstocks used for the production of advanced biofuels and biomaterials.
Where is Global Clean Energy based and how big is it?
Global Clean Energy is based in Torrance, California, United States. Fundz records about 150 employees.
Who are the decision-makers at Global Clean Energy?
Fundz holds 1 contact at Global Clean Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Agriculture and Farming around the same time

Companies in the same sectors as Global Clean Energy that raised within 45 days of this round, from Fundz verified event records.

Who to call at Global Clean Energy, and when

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Company Information

Company

Global Clean Energy

Location

Torrance, California, United States

About

Global Clean Energy Holdings, Inc. (“GCEH”) is a vertically integrated renewable fuels company specializing in nonfood-based feedstocks used for the production of advanced biofuels and biomaterials. With a footprint that stretches from the laboratory to the farm gate through to biorefinery production, GCEH’s farm-to-fuels value chain integration provides unrivaled access to reliable, ultra-low carbon feedstocks. When online, the Bakersfield Biorefinery will be the only facility of its type, processing both traditional feedstocks as well as domestically grown camelina oil into sustainable, ultra-low carbon fuels in California. To learn more, visit gceholdings.com and susoils.com. Follow us on Twitter and LinkedIn

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Global Clean Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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