Genera Gets $4 Million From WindSail to Expand Biomass Operation

Dec. 11 (Bloomberg) — Genera Energy Inc., a U.S. biomass
supplier, received a $4 million investment from WindSail Capital
Group to expand operations.

Genera, based in Vonore, Tennessee, produces biomass made
from crops including switchgrass for more than 20 customers in
eight states, Chief Executive Officer Kelly Tiller said today.
The investment from Boston-based WindSail will help the company
grow crops in new regions for additional customers.

“This is very important growth capital — the timing is
really a key here,” Tiller said in a telephone interview. “We
are seeing a lot of new opportunities in several markets for
biomass, not just advanced biofuels, but bio-power and bio-chemical and bio-product.”

To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Robin Saponar, Steven Frank

About BloombergNEF

BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.

Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
 
Sign up for our free weekly newsletter →

Want to learn how we help our clients put it all together? Contact us