Silveron Capital Partners Advised Arkalon Ethanol on $113 Million Ethanol Plant Financing
Posted on: Friday, 21 December 2007, 15:00 CST
DALLAS, Dec. 21 /PRNewswire/ -- Silveron Capital Partners acted as financial advisor to Arkalon Ethanol, LLC, on a $113 million senior debt facility for the construction and operation of a 110 million gallon per year ethanol plant located near Liberal, Kansas. The facility consists of a $97 million term loan for the construction of the plant and a $16 million working capital facility for operations.
"We are excited about the successful financing of the Arkalon facility, which gives us the ability to continue to grow our business," said Tom Willis, chief executive officer of Arkalon Energy, LLC. "Silveron Capital played an integral role in driving the transaction to closure in a very challenging credit market."
"The ability to complete this transaction in a turbulent market is a testament to the quality of the Arkalon project and its management team, as well as the persistence of everyone involved in the transaction," Carter Cheek, a Silveron Capital partner added.
Silveron Capital Partners is a boutique financial advisory and investment banking firm that helps client companies identify capital sources and complete financing transactions in early to middle stages of their corporate growth.
Silveron is principally focused on the energy and infrastructure sectors, including renewable and traditional power development, renewable fuels, alternative energy technologies, oil and gas exploration and oilfield services. The company has a broad mandate in energy finance, with the strongest emphasis in working with sponsors on various types of growth capital in renewable and alternative energy.
Riveron Consulting, a financial consulting firm specialized in transaction oriented engagements, performed the outsourced accounting and finance functions for Arkalon (http://www.riveronconsulting.com/).
Silveron Capital Partners
CONTACT: Carter Cheek, Partner, +1-214-891-5504,Carter.cheek@silveroncapital.com, or Bryan Urban, Managing Partner,+1-214-891-5540, Bryan.urban@silveroncapital.com, both of Silveron CapitalPartners
Web site: http://www.silveroncapital.com/http://www.riveronconsulting.com/
Source: PRNewswire
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