
Global Bioenergies, French biotech compamy that is developing a process to convert renewable resources into hydrocarbons through fermentation, announces having obtained a 4.4 million euro loan from a consortium managed by BNP Paribas, Société Générale, CIC and Bpifrance to complete the financing of its demo plant in Germany. The loan, reimbursable over 5 years, is covered by guarantee funds of the Ile-de-France Region. The construction phase began yesterday and will last one year.








