Media Coverage

Deal Briefs

Venture Economics (Also appeared in Private Equity Week Wire and BuyOuts Newsletter)

Dan Primack

October 17, 2005

US Renewables Group, a Los Angeles-based acquirer, developer and operator of renewable energy and clean fuel assets, has raised $80 million in first-round funding led by Rustic Canyon Partners. The deal represents a first close on a round designed to raise $250 million. USRG currently owns and operates two landfill methane facilities in California, and is building another facility in Texas. It also is negotiating to acquire an additional 100 MWs of biomass power and to acquire more than 300 million gallons per year of ethanol capacity.

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