Omni OZ Fund is seeking accredited investors for its GreenMix fuel methanol-ethanol blend processing plant. The fund is raising a Series A round of $50 million.
The Omni OZ Fund was created to raise the necessary capital of $300 million to produce an energy industry first, GreenMix fuel (methanol/ethanol blend) processing plant. The finished clean fuel is sold to refineries, distributors and other operators to blend with unleaded gasoline brands for cleaner-burning fuel for automobiles, while providing a significantly lower carbon emission and better performing cleaner fuel for California, the Southwest United States and export markets.
The fund will invest in the development, ownership, operations and production of a 1.5 million metric tons per annum, GreenMix clean fuel processing plant. The plant sales of its products produce a return of capital and investment income through distribution to its investors from cash flows, while providing the benefits of a qualifie