David Black

Experience

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  Deloitte

  Jun 1995 - May 2003

  Partner

  Co-national director of corporate finance practice providing merger and acquisition and capital formation advisory services. Served on partner selection committee, strategic planning committee and lead staff training in United States, China and Eastern Europe.

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  ASAlliances Biofuels, LLC

  May 2004 - Aug 2007

  Co-Founder and CEO

  Co-founder of ASAlliances Biofuels (“ASAB”), a pioneering company in the biofuels sector. ASAB was the largest ethanol development project in the world with a production capacity of 330 million gallons per year. ASAB became one of the first dynamic business enterprises to emerge out of the highly fragmented ethanol industry. ASAB was formed to develop, construct, and operate large-scale ethanol production facilities with an initial aggregate production capacity of more than 330 million gallons per year. ASAB was initially capitalized with $432 million in February 2006 and was sold to Verasun Energy Corporation (“VSE”) for $725 million in August 2007. The initial capitalization of ASAB was awarded the Project Finance Institute 2006 Environmental Deal-of-the-Year and remains the largest project financing ever consummated in the ethanol industry. In addition, the sale of ASAB to VSE represents the largest M&A transaction ever consummated in the ethanol industry. Mr. Black was responsible for all aspects of the formation, strategic partner alliances, and capitalization of ASAB, together with all aspects of site selection and development, construction, and operation of the ethanol facilities. Mr. Black (i) initially managed the construction of the facilities, (ii) led the development efforts for three additional facilities totaling 330 million gallons per year, (iii) helped establish financial reporting systems and senior lending compliance, (iv) assembled a world-class management team, (v) maintained the alliance relationship with our strategic partner Cargill, (vi) completed the registration statement on Form S-1 filed with the SEC, and (vii) assisted in the sale to Verasun. Show less

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  Gevo

  Sept 2009 - Mar 2012

  Co-Founder, Managing Director - Gevo Development, LLC and EVP of Corporate Development - Gevo, Inc.

  Co-founder of Gevo Development, LLC to commercialize Gevo’s proprietary technology to produce isobutanol based on retrofitting existing ethanol plants. Gevo Development successfully assembled a fleet of ethanol production assets with more than 300 million gallons per year of production capacity and raised the debt financing necessary to fund the first retrofit project. In large part to Gevo Development’s success, Gevo consummated an initial public offering of its common stock in February 2011, raising over $120 million with a market capitalization over $400 million.Mr. Black served on the initial board of directors and was a managing director of Gevo Development becoming Executive Vice Presidents of Gevo prior to the IPO. Mr. Black was responsible for strategy, corporate development, capital formation, and all transactions executed by Gevo Development. Show less

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  Claeris, LLC

  Apr 2012 - Feb 2024

  Co-Founder and Managing Partner

  Claeris is recognized as a world-class project developer of environmentally-responsible industrial facilities. We are focused solely on developing and operating facilities that produce ultra-clean refined hydrocarbons and chemicals from clean-burning natural gas and residual biomass. We partner with leading companies to commercialize innovative technologies with best-in-class resources to develop, and operate state-of-the-art production facilities with credible, sustainable cost and operating advantages. Show less

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  Visolis

  Feb 2024 - now

  Chief Financial Officer