Ampal Signs Option Exercise Agreement to Acquire 25% in Ethanol Project in Colombia
Green Car Congress
JANUARY 4, 2010
Israel-based Ampal-American Israel Corporation signed an option exercise agreement with Merhav (M.N.F) The purchase of the 25% equity stake and the conversion of the loan is subject to the initial disbursement of a loan from Banco do Brasil, the lender providing project financing to the project.
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