| Situational Analysis
- Grown Energy is a biofuels company established to develop a greenfield, combined 100 million litre per annum bioethanol and agriculture project in the north of Mozambique.
- This project has been co-developed and sponsored by Fieldstone from its inception and had secured leases and favourable feasibility studies prior to sale.
- In September 2010 Fieldstone interests in Grown Energy were sold to Tata Chemicals Limited creating a full exit for Fieldstone and introducing a major industrial sponsor to realize further development of the project.
Fieldstone Role
- Acted as co-lead developer, sponsor and financial adviser to the project.
- Responsible for overall project development, co-ordination and structuring.
- Construction and maintenance of project financial model as well as origination of key contracts across offtake, environmental, construction and agricultural counterparts.
- Mobilisation of project development funds and working capital.
- Securing of long leases from Government of Mozambique for project development and operation.
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