Stratus invests $5.4M in Brazilian advanced-biofuel project

02/10/2010 | Reuters

U.S. venture capitalist Stratus Group announced it will invest $5.4 million into the Brazilian subsidiary of advanced-biofuel developer Amyris Biotechnologies. The Stratus funds will go into Amyris' $75.3 million acquisition of a 40% share in the Boa Vista cane mill and the installation of a state-of-the-art biofuel plant, Stratus said.

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