Primus Green Energy

Primus Green Energy specializes in transforming diverse feedstocks into lower-carbon gasoline and methanol, utilizing its proprietary STG+® technology to support sustainable fuel solutions in the transportation sector. Primus Green Energy is engaged in the production of lower-carbon fuels, focusing on gasoline and methanol derived from both natural gas and biomass. The company has raised a total of USD 7. 00 mn in funding, with its most recent deal occurring on June 1, 2013.

Primus Green Energy is headquartered in Hillsborough, US. The founder's history and previous ventures are not detailed in available information. Primus Green Energy's STG+® system enables the conversion of natural gas and biomass into gasoline and methanol. The natural gas route produces RBOB gasoline that is 30% less carbon-intensive, while the biomass pathway generates renewable gasoline that is carbon-negative.

Their market focus includes oil-producing regions in the United States, particularly the Permian Basin, and they target partnerships with both oil and gas companies and stakeholders in renewable energy. The company's revenue derives from the sale of lower-carbon gasoline and methanol products, marketed to businesses and consumers in the transportation sector. Primus Green Energy engages in partnerships with oil and gas firms, exemplified by a joint development agreement with Cottonmouth Ventures, a subsidiary of Diamondback Energy, for a natural gas-to-gasoline facility. Revenue transactions typically occur through refiners and retailers, aligning with market rates for sustainable fuel alternatives.

In 2013, Primus Green Energy raised USD 7. 00 mn in venture funding, which is planned to support the development of upcoming product lines and the expansion into new geographical markets. The company aims to enhance its production capabilities and market presence in the renewable energy sector. Specific details on new product launches or additional target markets have not been disclosed.