Carlyle/Riverstone Renewable Energy Infrastructure Fund I, L.P. (CRREIF) and Bunge North America announce they will jointly build ethanol plants resulting in ultimate production capacity of several hundred million gallons per year by the end of 2008.Carlyle/Riverstone Renewable Energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. Infrastructure Fund I, L.P. (CRREIF CRREIF Carlyle Riverstone Renewable Energy Infrastructure Fund ) and Bunge North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. announce they will jointly build ethanol plants resulting in ultimate production capacity of several hundred million gallons per year Million gallons per year is a measure of large-scale liquid production, consumption, or throughput. It is variously abbreviated as mgy, MGY, mmgy, MMgy, or MMGY. by the end of 2008. The plants will be adjacent to grain facilities controlled by Bunge in the U.S. Bunge will supply corn and energy inputs for the plants, market and distribute the plants' outputs, including ethanol and distillers grains, and provide logistics and risk management services. |
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