GTL Resources

Investment date November 2011
Sector Alternative fuels
Deal type Public-to-private
Exit type Trade sale
Total investment £16.4 million
Realised proceeds Undisclosed

Investment overview

GTL Resources produced over 100 million gallons per year of corn-based ethanol at its production facility in Rochelle, Illinois USA. The plant was located close to large sources of low-cost corn and to the Chicago transport hub, and was one of the most efficient and high-yielding plants in the US. The company was sold to CHS, Inc., a US energy, grain and food business.