Press release
Nexus Ventures Inc. help fund bioethanol plant
Nexus Ventures Inc has helped funded a bioethanol plant located in Aglona, country of Latvia. The plant is expected to be completed in the first quarter of 2011 and have a maximum capacity of 150,000 cubic meters of bioethanol per annum. In addition, the project is designed with a potential extension option which will allow the plant to double production capacity to 300,000 cbm pa.Latvia is an EU member state with competitive features for the production of biofuels due to advantageous crop growing conditions, low labor costs and close location to European end markets. From a logistical perspective, the site in Aglona is well serviced by railway and road links to the port of Riga. In addition, supplies could be delivered directly through a railway connection from countries such as Estonia, Belarus, Russia, Ukraine and Kazakhstan.
The Nexus Venture funded company intends to use wheat at a start-up stage and then adapt a triticale, a hybrid cereal. Agriculture accounts for a relatively large share of the Latvian economy in terms of both GDP and employment. The annual wheat production in year end 2008 reached 3.2 million tons pa and in 2009 it is estimated to have reached 3.6 million tons pa. The average prices for wheat in Latvia is lower compared to traditional European market prices which will allow the company's product to be more competitive. Triticale is a grain mainly used for animal feeding: it does not therefore enter in competition with the human food industry. By using tritcale, the plant expects to further reduce its production costs, equaling substantially higher investor returns than the average early stage biofuels investment opportunity.
In venture capital, it often comes down to people and innovative ideas and the chemistry between these two key points. While each experienced Nexus Venturess partner brings a unique set of skills, we share a common set of core values. These are the values we stir our company by. At Nexus Ventures we have a passion for technology and we belief in the power of a true team approach. And above all, a deep respect for the entrepreneur and the entrepreneurial process.
Nexus Ventures Inc.
33 Cavendish Square, 8th Floor
London
W1G 0PW
United Kingdom
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nexus Ventures Inc. help fund bioethanol plant here
News-ID: 126349 • Views: …
More Releases from Nexus Ventures Inc
Nexus Ventures Survey Shows Investment Increasing in 2010 Q2
Nexus Ventures predicts an increase in venture capital investment during 2010 Q2, which is based upon the release of its 2010 Q2 venture capital research survey. The venture capital community continues to express optimism for growth of their portfolio companies in terms of revenue and hiring, and predicts an increase in early stage investments. Despite the positive momentum predicted for Q2 2010, Nexus Ventures remain slightly concerned about the status…
Nexus Ventures predicts a stronger China in 2010
Based on recent statistics some new characteristics and trends have cropped up in China's Venture Capital (VC) market in 2009:
In 2009, China's VC market declined both in number of deals as well as in deal size: 428 disclosed deals totalled USD 3.767 billion, down 20.0% and 24.8% respectively, compared with the previous year, largely in line with Nexus Ventures previous forecasts.
In terms of sectors, the domestic VC market experienced a…
More Releases for Venture
Announcing G2C Venture Partners
Over a decade of Collaboration Transforms into a Venture Vision
We are thrilled to announce what we have been building behind the scenes - G2C Venture Partners is officially launching today!
As three founders-turned-investors - Sunil Grover, Amar Chokhawala, and Vik Ghai - we are bringing our combined decades of experience and co-investment partnerships to a new kind of venture fund.
We are combining our battle-tested experience, relationship networks, and investment…
Transforming the Venture Capital Market in 2025: Surge In Startup Registrations …
What Is the Expected Size and Growth Rate of the Venture Capital Market?
The scale of the venture capital market has been expanding swiftly over the past few years. It is forecasted to increase from $373.37 billion in 2024 to $412.58 billion in 2025, representing a compound annual growth rate (CAGR) of 10.5%. The previous growth period's surge can be credited to beneficial economic circumstances, heightened consumer demand for innovative products…
Gary Fowler's GSD Venture Studios Redefines Venture Building Through Direct Lead …
GSD Venture Studios is an operational family office that created a 360-degree entrepreneurial ecosystem, taking a laser-precise approach to venture building from early stage to Series C companies.
Image: https://www.getnews.info/uploads/d9f450b06da75bff3aa844e08748b0ef.png
While many startups scrounge for capital, resources, and ideas wherever they can, those poised for success turn to Gary Fowler's GSD Venture Studios [https://www.gsdvs.com/]. With a proven track record of success, a forward-thinking actionable approach, a network of avenues connecting capital…
CleanTech Venture Capital Interest
Keynote speaker to share the vision for CleanTech and Venture Capital Funding at EngEx 2010
SAN DIEGO – CleanTech start-ups are grabbing increased interest and investments from venture capital groups that placed almost $2 billion into eco-friendly companies last year and increased the funding pace with another $773 million during the first quarter of 2010. Clean energy business owners and industry professionals attending EngEx 2010 will hear more about the…
Sep. 5th Venture Capital Event
(EMAILWIRE.COM, July 31, 2007)- New York - Argyle Executive Forum is pleased to present its 2007 Leadership in Venture Capital Forum. The event, to take place in Manhattan, will bring together 135–150 CEOs & Board members of public and private large cap and mid cap corporations, complementary areas of executive leadership (CFOs & COOs), members of the endowment, foundation, and family office community, select advisory firms, and select founders /…
European Venture Market ICT 2006
European Venture Market ICT 2006
4th – 6th October 2006
Potsdam, Germany
www.europeanventuremarket.com
The European Venture Market is a platform to facilitate the meeting of entrepreneurs and investors. It is a platform for any kind of financing with focus to equity. Giving the wide variety of investors joining the platform the Market is suitable for any sectors especially for ICT & related as the platform will be organise by Hasso Plattner Ventures.
The European…