![]() ![]() Holland & Knight Partner Ram Sunkara and Associate Trevor Ruff led the deal for Verbio. ![]() ![]() More information about the transaction can be found here. Verbio North America Holdings, with offices in Stamford, Connecticut, and Livonia, Michigan, is a subsidiary of Verbio Vereinigte BioEnergie AG, which is based in Leipzig, Germany. Following commissioning, the production capacity of the plant will be at 85 million gallons of corn ethanol and 2.8 billion cubic feet of RNG per year. The site will be developed over the next three years, incorporating Verbio's advanced engineering and operating technology practices. Integration of the ethanol production with the RNG production process will result in higher efficiencies and improved sustainability. Verbio intends to expand and develop the South Bend plant into a modern biorefinery at an estimated total investment of $230 million by integrating the production of ethanol with renewable natural gas (RNG). production facility following the successful commissioning of its Nevada, Iowa, plant. to acquire South Bend Ethanol LLC, an operating ethanol plant located in South Bend, Indiana. ![]() HOUSTON (May 2, 2023) – Holland & Knight advised Verbio North America Holdings Corporation in the closing of a purchase agreement with Mercuria Investments U.S. ![]()
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