Monday, April 7, 2008

Greenline Industries, Inc., Raises $20 Million

SAN FRANCISCO, -- Greenline Industries, Inc. the EPA Award winning leader in the design and construction of biodiesel production facilities, today announced the successful completion of a $20
million Series A preferred stock financing round with Leaf Clean Energy Company (LSE: LEAF.L), a publicly traded London -based $400 million clean energy fund focused primarily on investment opportunities in North America. This initial investment will allow Greenline to accelerate research and development to improve upon its existing technology and add new products to reduce the costs to produce biodiesel. Link.