Renewable Energy Group Cancels IPO

Renewable Energy Group Inc., a Ralston, Iowa-based biodiesel producer, has canceled its IPO, citing “current market conditions.” The company had filed last July to raise $150 million, with Credit Suisse serving as lead underwriter.


Natural Gas Partners led a $100 million Series A round for REG in 2006, with Bunge North America, ED&F Man Holdings and West Central Cooperative also participating.