Advanced Biofuels


Abengoa Bioenergy Retains Ocean Park Advisory to Find Buyers or Investors For Cellulosic Ethanol Plant in Hugoton, KS

Date Posted: July 19, 2016

July 18, 2016 - Ocean Park Advisors (“OPA”) has been retained by Abengoa Bioenergy Biomass of Kansas, LLC (“Abengoa Bioenergy”) under Chapter 11 of the United States Bankruptcy Code to manage a process either to find a strategic partner or to complete a sale (the “Transaction”) of the cellulosic ethanol plant, electricity cogeneration plant and related assets in Hugoton, Kansas.

Additionally, there is an opportunity for interested parties to acquire the cellulosic technology and other intellectual property assets that are owned by Abengoa Bioenergy New Technologies, LLC (“ABNT”), a debtor in a separate bankruptcy case pending in Delaware, in connection with or separately from, a Transaction.

OPA is currently inviting interested parties to evaluate the opportunity.

Proposals are to be submitted to OPA by mid August with target closing by the end of October 2016.

For more information, please contact Bruce Comer (310-670-2721; [email protected] or John Campbell (402-680-7111; [email protected]).

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