FORGE gains equity from Shell Ventures and Valent Low-Carbon Technologies

FORGE Hydrocarbons Corporation, one of the four finalists of the Sky's the Limit Challenge, has announced an equity investment from Shell Ventures, the corporate venture capital arm of Royal Dutch Shell plc and a follow-on contribution from Valent Low-Carbon Technologies Corporation, a Canadian hybrid industrial technology development and investment company that is aggregating the low-carbon fuels’ value chain. The funds will help a CA$30 million build a first-of-its-kind commercial-scale, biofuel production plant in Sombra, Ontario.

Read more on Bioenergy International

Other news