Our History

GreenHunter Energy, Inc. was formed to assemble and manage a portfolio of renewable energy assets and clean fuels assets. Several factors have converged to improve the outlook for the renewable energy market—the adoption of renewable portfolio standards, now effective in 21 states; the environmental challenges posed by the continued use of non-renewable resources; the impact of weather on limited U.S. supply and production facilities; and the desire for energy independence.

The North American power and fuels market has sales of electricity and fuel greater than $650 billion per year. We believe that, due to price, policy and risk advantages in both electricity and fuel, the fastest-growing segments are and will remain, in the foreseable future, renewable power and clean fuels.

Significant Events

Feburary 2009 ::	Sells its 14 MW wood waste-fired biomass power plant located in Telogia, Florida for a 60% gain in a 6-month timeframe
Feburary 2009 ::	Sustains minor damages due to a small fire at the GreenHunter BioFuels refinery located in Houston, Texas
December 20088 ::	Announces that it has registered and been approved by the Environmental Protection Agency to sell GreenHunter Biodiesel™ to the on-road market in the United States
November 2008 ::	Announces initiation of re-starting of operations at biodiesel refinery after Hurricane Ike
October 2008 ::	Announces strategy to construct a minimum 100 MegaWatts of wind power each year in Texas in 2009 and 2010.
September 2008 ::	Acquires 14.5-MegaWatt Telogia Biomass Power Plant located in Telogia, Florida for $2.5 million. Achieves 65 percent capacity at biodiesel refinery 48 hours before refinery struck by Hurricane Ike. Operations shut down for six to eight weeks for repair with insurance coverage.
August 2008 ::	Secures capacity on proposed Wyoming-Colorado Intertie transmission line. Biodiesel production escalates to more than half of the refinery’s total capacity.
July 2008 ::	Announces 600 MegaWatt Wheatland Wind development project in Wyoming.
June 2008 ::	Named to the Russell 3000 Index. Initiates operations at its Renewable Fuels Campus.
May 2008 ::	Announces a 70 percent ownership stake in a 300-MegaWatt wind power development project near Shanghai.
April 2008 ::	Commences construction of its fourth business unit at the Company’s Renewable Fuels Campus: a glycerin distillation system with a capacity of 200 million pounds per year.
January 2008 ::	GreenHunter Energy becomes the first company in U.S. history to list directly on a national stock exchange after going public through a reverse merger. Begins trading on the American Stock Exchange at $12 per share.
November 2007 ::	Makes $10 million equity investment into MingYang Wind Power Technologies and separately enters into contract to purchase roughly 1,000 MegaWatts of MingYang turbines.
September 2007 ::	Methanol distillation unit commences production.
May 2007 ::	Acquires 18.5 MegaWatt Mesquite Lake Biomass Power Plant located in Brawley, California for approximately $7 million (original cost of construction was $68 million).
April 2007 ::	Acquires Channel Refining, an existing waste oil refinery, for approximately $12 million with the intention of refurbishing it into the country’s largest biodiesel refinery.
December 2006 ::	Goes public in a reverse merger.