Pacific Ethanol Extends Maturity on $32M Near-Term Debt, Increases Plant Ownership to 80%

Pacific Ethanol, Inc. (Nasdaq: PEIX ), the leading marketer and producer of low-carbon renewable fuels in the Western United States, has entered into agreements to increase its ownership interest in the plants and improve their debt position. Pacific Ethanol has entered into an agreement to purchase $21.54 million of Pacific Ethanol plant secured term