UNITEDTable STATES SECURITIESof AND EXCHANGE COMMISSION Contents

~~WASHINGTON,~~UNITED ~~D.C.~~STATES SECURITIES ~~20549~~AND EXCHANGE COMMISSION

~~FORM~~WASHINGTON, ~~8-K~~D.C. 20549

~~CURRENT~~FORM ~~REPORT~~8-K ~~Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934~~

~~Date~~CURRENT ofREPORT Pursuant ~~Report~~to Section 13 or 15(~~Date~~d) of ~~earliest~~the ~~event~~Securities ~~reported):~~Exchange ~~September 13,~~Act ~~2007~~of 1934

~~BPI~~Date ~~Energy~~of ~~Holdings~~Report (Date of earliest event reported): November 29, ~~Inc.~~ 2007

~~(Exact~~BPI ~~Name~~Energy ofHoldings, ~~Registrant as Specified in Charter)~~Inc.

British Columbia, Canada	001-32695	75-3183021
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
30775 Bainbridge Road, Suite 280, Solon, Ohio		44139
(Address of Principal Executive Offices)		(Zip Code)

(Exact Name of Registrant as Specified in Charter)

Registrant’s telephone number, including area code (440) 248-4200


British Columbia, Canada	001-32695	75-3183021

(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Not Applicable


30775 Bainbridge Road, Suite 280, Solon, Ohio		44139

(Address of Principal Executive Offices)		(Zip Code)

~~(Former~~Registrant’s ~~Name~~telephone ~~or Former Address~~number, ifincluding ~~Changed~~area ~~Since~~code ~~Last Report~~(440) 248-4200

Not Applicable

~~Check~~(Former ~~the~~Name ~~appropriate~~or ~~box~~Former ~~below~~Address, if ~~the~~Changed ~~Form~~Since ~~8-K~~Last ~~filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:~~ Report)

oCheck ~~Written~~the ~~communications~~appropriate ~~pursuant~~box below if the Form 8-K filing is intended to ~~Rule 425~~simultaneously ~~under~~satisfy the filing ~~Securities~~obligation ~~Act~~of ~~(17~~the ~~CFR~~registrant ~~230.425)~~under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

oTABLE ~~Pre-commencement~~OF ~~communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))~~CONTENTS

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


	Item 1.01 Entry into a Material Definitive Agreement.
	Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
	Item 9.01 Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
EX-10.1

ItemTable 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.Contents

~~(b)~~Item ~~On September 13, 2007, William J~~1.01 ~~Centa~~Entry ~~informed~~into ~~the Chairman of BPI Energy Holdings, Inc.’s Board of Directors that he was resigning as~~ a ~~director~~Material ~~and~~Definitive ~~as chairman of the audit committee, effective as of that date~~Agreement. ~~Costa Vrisakis, a current independent director, has been appointed interim chairman of the audit committee.~~

~~SIGNATURES~~On November 29, 2007, BPI Energy Holdings, Inc. and its wholly owned subsidiary, BPI Energy, Inc. (“BPI Energy”), entered into an amendment to BPI Energy’s Advancing Term Credit Agreement (the “Credit Agreement”), originally entered into as of July 27, 2007, with GasRock Capital LLC (“GasRock”).

~~Pursuant~~The toamendment extends the ~~requirements~~date ofuntil ~~the~~which ~~Securities~~BPI ~~Exchange~~Energy ~~Act~~may ofrequest ~~1934~~loans under the Credit Agreement, and the ~~registrant~~date ~~has~~upon ~~duly~~which ~~caused~~all amounts outstanding under the Credit Agreement will be due and payable, ~~this~~from ~~report~~July 25, 2008 to beJanuary 30, ~~signed~~2009. onThe date to which GasRock may, at its ~~behalf~~option, byextend the Credit ~~undersigned~~Agreement ~~hereunto~~has ~~duly~~been ~~authorized~~extended from July 29, 2011 to January 30, 2013.

~~BPI~~The ~~Energy~~amendment ~~Holdings,~~also ~~Inc.~~increases ~~By:~~the ~~/s/~~initial ~~James~~commitment Gunder the Credit Agreement from $10.2 million to ~~Azlein~~$10.7 million. ~~James~~BPI GEnergy received a loan of $9.1 million ~~Azlein~~from ~~Chief~~this ~~Executive~~initial ~~Officer~~commitment ~~and~~on ~~President~~July 27, 2007.

~~Date:~~A ~~September 19,~~copy ~~2007~~of the amendment has been filed as an exhibit hereto and is hereby incorporated herein by reference.


Item 2.03		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information included in Item 1.01 above is hereby incorporated by reference into this Item 2.03.


Item 9.01		Financial Statements and Exhibits.

(d)

Exhibits.

10.1

First Amendment to Advancing Term Credit Agreement, dated as of November 29, 2007, by and among BPI Energy, Inc., as Borrower, BPI Energy Holdings, Inc., as Guarantor, and GasRock Capital LLC, as Lender.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	BPI Energy Holdings, Inc.
	By:	/s/ James G. Azlein
		James G. Azlein
		Chief Executive Officer and President

Date: November 4, 2007

EXHIBIT INDEX


Exhibit No.		Description

10.1		First Amendment to Advancing Term Credit Agreement, dated as of November 29, 2007, by and among BPI Energy, Inc., as Borrower, BPI Energy Holdings, Inc., as Guarantor, and GasRock Capital LLC, as Lender.

UNITEDTable STATES SECURITIESof AND EXCHANGE COMMISSION Contents

ItemTable 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.Contents

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