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Imperium plans IPO

By | August 03, 2007
Imperium Renewables Inc. has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering (IPO) up to $345 million in common stock.

The company operates a 5 MMgy biodiesel plant through a subsidiary and is building a 100 MMgy plant in Aberdeen, Wash. The company is planning additional plants in Hawaii, Argentina and the east coast of the United States.

Morgan Stanley & Co. and Lehman Brothers Inc. are acting as joint book-running managers for the offering, which will be made by prospectus. For more information, visit www.imperiumrenewables.com.
 

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