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Pinnacle Asset Management-Backed Viserion Grain Completes Acquisition Of Grain Elevator Facilities

PRIVATEJul 09, 2021

Acquiring Company

Mainspring Energy

Acquired Company

Zen-Noh Grain Corporation

Menlo ParkOtherManufacturingInformation TechnologyEnergyRenewable EnergySolarEnergy Storage

Description

Viserion Grain, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC, backed by Pinnacle Asset Management, L.P. ("Pinnacle"), today announced the successful completion of its acquisition of certain grain elevator facilities from Zen-Noh Grain Corporation ("ZGC"). The transaction was announced in April 2021 and was contingent upon the completion of ZGC's acquisition of multiple grain elevators from Bunge.

Quick answer

Mainspring Energy is acquiring Zen-Noh Grain Corporation, announced July 9, 2021. Mainspring Energy is based in Menlo Park, California, United States.

How much did Mainspring Energy pay for Zen-Noh Grain Corporation?
The deal value was not disclosed.
What does Mainspring Energy do?
Mainspring designs and manufactures an advanced, flexible power generation solution — the Linear Generator — that gives leading C&I companies, data centers, and utilities reliable, scalable, sustainable power capacity.
Where are Mainspring Energy and Zen-Noh Grain Corporation based?
Mainspring Energy is based in Menlo Park, California, United States.
Who are the decision-makers at Mainspring Energy?
Fundz holds 1 contact at Mainspring Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Mainspring Energy

Location

3601 Haven Ave

Menlo Park, California, United States

About

Mainspring designs and manufactures an advanced, flexible power generation solution — the Linear Generator — that gives leading C&I companies, data centers, and utilities reliable, scalable, sustainable power capacity. Any fuel, any scale, anytime, anywhere.

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Frequently asked

Who acquired Zen-Noh Grain Corporation?

Zen-Noh Grain Corporation was acquired by Mainspring Energy, based in Menlo Park. The deal was reported on July 9, 2021. Mainspring designs and manufactures an advanced, flexible power generation solution — the Linear Generator — that gives leading C&I companies, data centers, and utilities reliable, scalable, sustainable power capacity. Mainspring Energy is privately held and operates in Other.

When did Mainspring Energy acquire Zen-Noh Grain Corporation?

Mainspring Energy's acquisition of Zen-Noh Grain Corporation was reported on July 9, 2021. Viserion Grain, LLC ("Viserion"), a newly formed subsidiary of Viserion International Holdco, LLC, backed by Pinnacle Asset Management, L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Zen-Noh Grain Corporation do?

Zen-Noh Grain Corporation ("ZGC") is the U.S. subsidiary of the National Federation of Agricultural Cooperative Associations of Japan, Zen-Noh. It is privately held.

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