Awake at the Wheel

From Business Week Feb 14

After ethanol’s coming-out party in 2006 — when at least three producers raised nearly $1 billion through initial public offerings — some investors are eyeing biodiesel as alternative energy’s new darling.

Jeff Lipton, managing director of Jefferies Group investment banking, said he expects to see biodiesel companies go public.

 

“The reason why investors are more interested in biodiesel as an opportunity (is that) it works in the existing infrastructure,” Lipton said. “You can pipeline it. You can store it. You can put it into a vehicle that takes diesel.”