Infinity to List in Brazil

Infinity Bio-Energy has filed to list Brazilian depositary receipts in a public offering on the Bovespa. The Brazilian-led Bermuda-based ethanol producer plans use proceeds to finance new acquisitions, greenfield projects, investment in existing mills and co-generation projects. Infinity raised $516m in a 2006 IPO on London’s AIM, and has already invested more than $400m in projects in Brazil.