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BioEnergy Holdings LLC has raised $6.4 million in a new debt round, bringing its total debt investment to $70 million, the cleantech company reports in a regulatory filing posted today.
The Quincy-based entity is related to bio-based specialty chemicals developer Myriant Technologies LLC, also of Quincy. Myriant spun out of BioEnergy International LLC in June 2009. The two companies share some top-level executives, including CEO Stephen Gatto.
Officials at Myriant and BioEnergy International could not be reached immediately, but today’s filing indicates previous backers Camulos BioEnergy Partners LLC, of Stamford, Conn., and Plainfield Direct Inc., of Greenwich, Conn., returned to participate in the new financing. Camulos and Plainfield-backed BioEnergy holdings with a $2 million debt round closed in January, and a $61.6 million debt round closed in 2008, regulatory filings show.
Meanwhile, Myriant closed a $5 million round of equity and debt financing in February.
Myriant is developing technology designed to produce high-value chemicals from sustainable biomass. BioEnergy International is developing similar processes to produce chemicals, fuels and materials such as plastics and fabrics.
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