As a partner in the Capital Markets Group, IFG will help de-risk and accelerate project development in BDO Zones.
IFG Asset Management is pleased to announce that it has joined the BDO Zone Strategic Alliance as a partner in the Capital Markets group. BDO Zone Strategic Alliance Partners are best-of-kind companies that help de-risk biobased project development in BDO Zones.
“IFG is excited to be part of the BDO Zone Initiative,” says Eric Edwards, Managing Partner at IFG Asset Management. “IFG is committed to advancing the Bioeconomy and the production of biobased products through our impact-focused advisory and investment activities, where our ability to serve as both a trusted financial adviser and direct investor creates a strong alignment of interests and ensures value creation beyond just capital. Nowhere is this commitment more visible than in Viridis Chemical, a renewable chemical manufacturer co-founded by IFG where we served as both exclusive financial advisor and direct co-investor.
We believe Viridis serves as a testament to the great things that can happen when you bring together an experienced entrepreneurial management team with a best-in-class group of project partners to harness the power of technology and innovation. We are honored to be a part of the BDO Zone Strategic Alliance Capital Markets group and look forward to working with the BDO Zone community to build a diverse and resilient Bioeconomy in North America.”
Jordan Solomon, President of Ecostrat, states: “We welcome IFG Asset Management as a new Capital Markets group member to the BDO Zone Strategic Alliance. The addition of IFG and their sophisticated commitment to industry specialization will provide valuable investment tools in the growth of the bioeconomy, increasing the ease with which new bio-based plants are built.”
American biomass provides an economic development engine with the potential to create 160,000 jobs and nearly $15 billion of economic benefit. The BDO Zone Initiative can help the U.S. realize this potential by supporting new market development for American bioenergy, advanced biofuels, biobased heat and power, bio-materials, and clean hydrogen.
About IFG Asset Management
IFG is a boutique Investment Banking Advisory, Merchant Banking, and Asset Management platform with a focus on the private Real Assets sector including agribusiness, energy, infrastructure, building materials, natural resources, and other strategically important sectors. IFG’s Investment Banking Advisory practice provides creative advisory and business consulting solutions, underpinned by deep experience and industry specialization. Their capabilities in merchant banking have the firm serving as both a trusted financial advisor and direct investor, resulting in stronger alignment of interests and long-term value-add; while their asset management business is focused on private investment opportunities in the broad real assets sector. The Firms stands at the nexus of entrepreneurial management teams, proprietary investment opportunities, and sophisticated private investors.
For more information about IFG Asset Management, please visit www.ifgcap.com.
To connect directly with Eric Edwards, Managing Partner, please email eedwards@ifgcap.com.
About Viridis Chemical
Headquartered in Houston, Texas, Viridis Chemical is a world-class manufacturer of renewable chemicals. We’re committed to the safe, environmentally sound, and economically viable conversion of bio-Ethanol into useful products previously derived from oil or natural gas. We provide value to our customers by offering a green, domestically sourced alternative to their existing supply chain. Viridis Chemical adds purpose to our suppliers and to the economy of Nebraska by further increasing the range of usefulness of local, agriculturally derived feedstock.
Viridis Chemical has been named the 2021 Deal of the Year by ACG Houston within the Energy & Petrochemical category and the 12th Hottest Project in the Advanced Bioecomony for 2022 by the Daily Digest.
For more information about Viridis Chemical, please visit www.viridischemical.com.
About The BDO Zone Initiative
The BDO Zone Initiative (www.bdozone.org) is an economic development platform that enables local communities to deploy powerful economic development tools – BDO Zone Ratings – to achieve the goal of driving, accelerating and catalyzing biobased investment and commercial project development in BDO Zone-designated regions for new biofuel, renewable chemical, biogas and bioproduct plants. BDO Zone ratings do this by carrying out credible technical evaluations on feedstock and infrastructure risk, and then enables communities to effectively and easily signal and promote key feedstock and infrastructure “success” characteristics valued by biobased developers and investors around the world.
‘AA’ or ‘A’ rated BDO Zones identify the best areas for low-risk bioeconomy project development. BDO Zone ratings enable distressed communities to add capacity to support deployment of innovative technology and infrastructure, and this drives regional economic development to areas where poverty has been persistent for generations, harnessing natural resources to support biobased manufacturing and renewable energy production.
BDO Zones have the ability to move the needle on job creation, decarbonization, and social justice. By achieving the goal of 1,000 BDO Zones in four years across the U.S., this Initiative has the potential to create more than 160,000 clean jobs, reduce greenhouse gas (GHG) emissions by 2.59%, and provide $30,000,000/year into the local economy.
The BDO Zone Strategic Alliance Partnership is divided into four groups: Capital Markets Partners, Project Partners, Technology Partners, and Supply Chain Partners.
For more information on the BDO Zone Initiative, please contact info@bdozone.org.
About Ecostrat
Ecostrat led the USDOE/BETO funded project to develop the new investment Standards and Ratings for Biomass Supply Chain Risk. Its Biomass Supply Group has 25 years of experience in sourcing and supplying more than 5 million tons of biomass feedstock for bioenergy, biofuel, and biochemical projects across North America. Its Advisory Group combines the BSCR Standards with powerful predictive analytics to understand and minimize supply chain risk.
Jordan Solomon is Chairman of the BDO Zone Initiative and President of Ecostrat. He has overseen development and operation of biomass supply chains for more than 5,000,000 tons of feedstock over two decades for bioenergy, biofuel, and biochemical projects.
Jordan Solomon can be reached at jordan.solomon@ecostrat.com.
For more information on Ecostrat, visit the company’s website at www.ecostrat.com/standards.
