All News
Pacific Ethanol Closes on Previously Announced Increase in Plant Ownership and $8 Million Financing
Tuesday December 20, 2011, 8:00 am
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, has closed two transactions announced on December 9, 2011. The company closed its $4.6 million purchase of an additional 7% ownership interest in New PE Holdco LLC, increasing its total ownership interest to 34%. New PE Holdco LLC owns, and the company operates, the four Pacific Ethanol production facilities. In addition, the company closed an $8.0 million private placement of 7,625,000 shares of common stock and warrants to purchase up to 4,956,250 shares of common stock.
Pacific Ethanol Announces $8.0M Private Placement and Agreement to Increase Ownership in Plants
Friday December 9, 2011, 6:30 am
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, has entered into a definitive purchase agreement with a group of institutional investors to raise $8.0 million in a private placement transaction. Further, the company has signed purchase agreements to acquire an additional 7% interest in the Pacific Ethanol production facilities.
Pacific Ethanol Increases Ownership in Plants
Thursday December 1, 2011, 5:30 am
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, purchased an additional 7% ownership interest in New PE Holdco LLC, the owner of the four Pacific Ethanol production facilities with a combined annual production capacity of 200 million gallons. The company paid $4.5 million in cash for the additional interest. This purchase brings the company’s total ownership interest to 27%. On October 6, 2010, the company paid $23.3 million in cash for its initial 20% ownership interest.
Pacific Ethanol Regains Compliance With NASDAQ Listing Requirements
Wednesday November 30, 2011, 5:29 am
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, announced that it received a letter from The NASDAQ Stock Market (“NASDAQ”) on November 29, 2011, which contained a NASDAQ compliance determination that the Company has regained compliance with NASDAQ Listing Rule 5550(a)(2), which requires that listed securities maintain a minimum closing bid price of $1.00 per share.
Pacific Ethanol, Inc. Retires Its Senior Convertible Notes
Wednesday November 16, 2011, 5:30 am
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, announced that it has retired in full its $35.0 million senior convertible notes on November 15, 2011 with its
final payment in shares of its common stock. As of November 15, 2011, Pacific Ethanol had approximately 77.5 million common shares outstanding.
final payment in shares of its common stock. As of November 15, 2011, Pacific Ethanol had approximately 77.5 million common shares outstanding.
Pacific Ethanol, Inc. Provides Update on Its Senior Convertible Notes
Wednesday November 2, 2011, 5:30 am
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, provided an
update on its senior convertible notes.
update on its senior convertible notes.
Pacific Ethanol, Inc. Reports Third Quarter 2011 Financial Results
Wednesday October 26, 2011, 1:10 pm
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, reported its financial results for the three- and nine-month periods ended September 30, 2011.
Pacific Ethanol, Inc. Signs Operations and Maintenance Agreement with ZeaChem
Thursday October 20, 2011, 5:30 am
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, entered into an agreement with Pacific Ethanol Management Services, Corp, (“Pacific Services”) a whollyowned subsidiary of Pacific Ethanol, Inc. and ZeaChem Inc. (“ZeaChem”), to provide operations, maintenance and accounting services for ZeaChem’s 250,000 gallon per year cellulosic integrated biorefinery in Boardman, Oregon. ZeaChem is a developer of biorefineries for the conversion of renewable biomass into sustainable fuels and chemicals.
Pacific Ethanol to Release Third Quarter 2011 Results
Wednesday October 19, 2011, 1:10 pm
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, announced it will release its third quarter 2011 financial results after the market closes on Wednesday, October 26, 2011. Management will host a conference call at 9:00 a.m. Pacific Time / 12:00 p.m. Eastern Time on Thursday, October 27, 2011. Neil Koehler, Chief Executive Officer, and Bryon McGregor, Chief Financial Officer, will deliver prepared remarks via webcast followed by a question and answer session.
Pacific Ethanol, Inc. Provides Update on its Senior Convertible Notes
Tuesday October 4, 2011, 5:30 am
Pacific Ethanol, Inc. (NASDAQ: PEIX), the leading marketer and producer of low-carbon renewable fuels in the Western United States, provided an update on its senior convertible notes.