The partnership agreement will enable Diversified Ethanol to utilize third party financing from Mazuma Capital to offer the flexibility necessary to meet the range of Diversified customers’ needs, strengthening customer confidence that ethanol from waste is a viable investment.
Diversified Ethanol designs, constructs and operates waste-to-ethanol conversion plants utilizing organic wastes feedstocks like cellulosic material, by products of breads and grain processing, organic slurry, and other food and beverage waste from beer, wine, and sugar-based products.
Mazuma Capital president and CEO Jared Belnap said that Mazuma Capital’s support for Diversified plant financing is another cornerstone for the company in the renewable energy sector.
"Promoting the adoption of emerging green technologies is a continued goal of Mazuma Capital and through our partner programs and extensive knowledge of new technology financing Mazuma will continue to enhance energy project offerings," Belnap said.