Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
AVENTINE RENEWABLE ENERGY HOLDINGS LLC
  2. Issuer Name and Ticker or Trading Symbol
AVENTINE RENEWABLE ENERGY HOLDINGS INC [AVR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O METALMARK CAPITAL LLC, 1177 AVENUE OF THE AMERICAS, 40TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
07/05/2006
(Street)

NY, NY 10036
4. If Amendment, Date Original Filed(Month/Day/Year)
07/07/2006
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/05/2006   S   2,081,487 D $ 40.85 11,833,495 D (1) (2) (3) (4)  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
AVENTINE RENEWABLE ENERGY HOLDINGS LLC
C/O METALMARK CAPITAL LLC
1177 AVENUE OF THE AMERICAS, 40TH FLOOR
NY, NY 10036
    X    
Metalmark Capital LLC
C/O METALMARK CAPITAL LLC
1177 AVENUE OF THE AMERICAS, 40TH FLOOR
NY, NY 10036
    X    
MSDW Capital Partners IV, L P
C/O METALMARK CAPITAL LLC
1177 AVENUE OF THE AMERICAS, 40TH FLOOR
NY, NY 10036
    X    
MSDW IV 892 INVESTORS L P
C/O METALMARK CAPITAL LLC
1177 AVENUE OF THE AMERICAS, 40TH FLOOR
NY, NY 10036
    X    
MORGAN STANLEY DEAN WITTER CAPITAL INVESTORS IV L P
C/O METALMARK CAPITAL LLC
1177 AVENUE OF THE AMERICAS, 40TH FLOOR
NY, NY 10036
    X    
MSDW CAPITAL PARTNERS IV LLC
C/O METALMARK CAPITAL LLC
1177 AVENUE OF THE AMERICAS, 40TH FLOOR
NY, NY 10036
    X    
MSDW CAPITAL PARTNERS IV INC
C/O METALMARK CAPITAL LLC
1177 AVENUE OF THE AMERICAS, 40TH FLOOR
NY, NY 10036
    X    

Signatures

 /s/ Kenneth F. Clifford, as authorized signatory of Aventine Renewable Energy Holdings LLC   07/12/2006
**Signature of Reporting Person Date

 /s/ Kenneth F. Clifford, as authorized signatory of Metalmark   07/12/2006
**Signature of Reporting Person Date

 /s/ Kenneth F. Clifford, Chief Financial Officer of Metalmark, as attorney-in-fact for, MSDW Capital Partners and MSDW Inc. and for the institutional managing member of the general partner of each of MSDW IV, MSDW 892, and MSDW Capital Investors   07/12/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Morgan Stanley Dean Witter Capital Partners IV, L.P. ("MSDW IV") may be deemed to indirectly beneficially own 9,837,909 shares of the reported securities and MSDW IV 892 Investors, L.P. ("MSDW 892"), may be deemed to indirectly beneficially own 839,340 shares of the reported securities, in each case by virtue of their direct ownership interest in the Reporting Person. Metalmark Capital LLC ("Metalmark") may be deemed to have beneficial ownership of the 10,677,249 shares of the reported securities indirectly beneficially owned by MSDW IV and MSDW 892. (continued on footnote 2)
(2) (Continued from Footnote 1) Morgan Stanley Dean Witter Capital Investors IV, L.P. ("MSDW Capital Investors") may be deemed to indirectly beneficially own 269,172 shares of the reported securities through its direct ownership interest in the Reporting Person. MSDW Capital Partners IV, LLC ("MSDW Capital Partners") is the general partner of MSDW IV, MSDW 892 and MSDW Capital Investors. MSDW Capital Partners IV, Inc. ("MSDW Inc.") is the institutional managing member of MSDW Capital Partners. By virtue of these relationships, each of MSDW Capital Investors and MSDW Capital Partners may be deemed to have beneficial ownership of the 269,172 shares of the reported securities indirectly beneficially owned by MSDW Capital Investors.
(3) MSDW IV, MSDW 892, MSDW Capital Investors, MSDW Capital Partners, MSDW Inc. and Metalmark each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interests therein.
(4) This amendment corrects the share ownership numbers indicated in the footnotes of the Form 4 filed on July 7, 2006.

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