Cobalt Biofuels

October 29, 2008

Cobalt Biofuels Participates in NREL’s Highly Selective 21st Industry Growth Forum

Pamela Contag, Cobalt Biofuels Chief Technology Officer (former CEO) and Founder of Cobalt Biofuels presented as part of the U.S. Department of Energy’s National Renewable Energy Laboratory 21st Industry Growth Forum

Denver, Colorado - Pamela Contag, Cobalt Biofuels Chief Technology Officer (former CEO – read press release) and Founder of Cobalt Biofuels presented today as part of the U.S. Department of Energy’s National Renewable Energy Laboratory 21st Industry Growth Forum.

The forum features thirty-four high-quality companies, hand-picked by NREL and a selection panel of 72 investors, to present their clean energy business case to a panel of national venture capitalists. This year’s Forum will highlight the investment and financing strategies that are driving the commercialization of quality renewable energy technologies.

Colorado Governor Bill Ritter, Senator Ken Salazar and Vinod Khosla, founding CEO of Sun Microsystems will also speak to nearly 500 participants at this year’s Forum.   Xcel Energy Foundation will present awards totaling $25,000 to the Best Early Venture of the Year, Best Early Seed Investment of the Year and the Best Later Stage Investment of the Year.

NREL's Industry Growth Forum is the premiere clean energy investment forum not only because of the caliber of investors and entrepreneurial companies it attracts, but also due to its unique format and window on the energy future. Its rich "educational content" distinguishes NREL's Growth Forums and leaves all participants - including entrepreneurs, venture capitalists, and corporate investors - with a deeper understanding of the evolving energy market and what a business must do to thrive.

NREL is the U.S. Department of Energy's (DOE) primary national laboratory for renewable energy and energy efficiency research and development. NREL is operated for DOE by The Alliance for Sustainable Energy, LLC.