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Paladin Capital Group invests in ethanol facility developer

December 8th, 2006

WASHINGTON, DC – Paladin Capital Group, a DC-based private equity firm, announced that on Thursday it led a new round of funding for Ohio-based GO Ethanol. GO Ethanol, a developer of ethanol facilities in Ohio and surrounding states, has raised a total of $145 million in debt and equity financing. The latest round will assist GO Ethanol complete and operate an ethanol facility in Lima, Ohio.

Atlanta-based SunTrust, Robinson, Humphrey, a growth-company and middle-market corporate and investment bank that provides debt capital and equity financing to growing companies, led the debt portion of the financing.

Paladin Capital Group is a multi-stage private equity firm that invests in growing worker-friendly companies through acquisitions and expansion capital. The investment was led by the firm’s Homeland Security Fund, which invests in companies spread across many industries and that address homeland security issues and needs. In total, Paladin has approximately half a billion dollars under management and operates two funds with 21 portfolio companies

In all, 259 individuals and firms participated in the round.

www.paladincapgroup.com

www.go-ethanol.com

www.suntrustrh.com

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