UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G
                               (Amendment No. __)

                   Under the Securities Exchange Act of 1934*

                    Aventine Renewable Energy Holdings, Inc.
                    ----------------------------------------
                                (Name of Issuer)

                          Common Stock, $.001 par value
                          -----------------------------
                         (Title of Class of Securities)

                                    05356X403
                                    ---------
                                 (CUSIP Number)


                                December 31, 2006
                                -----------------
                      (Date of Event which Requires Filing
                               of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                                [ ] Rule 13d-1(b)
                                [ ] Rule 13d-1(c)
                                [X] Rule 13d-1(d)


  *The remainder of this cover page shall be filled out for a reporting person's
  initial filing on this form with respect to the subject class of securities,
  and for any subsequent amendment containing information which would alter the
  disclosures provided in a prior cover page.

  The information required on the remainder of this cover page shall not be
  deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
  Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
  the Act but shall be subject to all other provisions of the Act (however, see
  the Notes).




------------------------------------                      ----------------------
CUSIP No. 05356X403                         13G           Page 2 of 10 Pages
------------------------------------                      ----------------------
---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Touradji Capital Management, LP
---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a) [ ]
                                                                  (b) |X|

---------- ---------------------------------------------------------------------
        3  SEC USE ONLY
---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
--------------------- ----- ----------------------------------------------------
                        5  SOLE VOTING POWER

                            0
                      ----- ----------------------------------------------------
                        6   SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED          3,727,364
BY EACH REPORTING     ----- ----------------------------------------------------
PERSON WITH             7   SOLE DISPOSITIVE POWER

                            0
                      ----- ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            3,727,364
---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           3,727,364
---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

           [ ]

---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

           8.9%
---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           IA, PN
---------- ---------------------------------------------------------------------







------------------------------------                      ----------------------
CUSIP No. 05356X403                         13G           Page 3 of 10 Pages
------------------------------------                      ----------------------
---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Touradji Global Resources Master Fund, Ltd.
---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a) [ ]
                                                                  (b) |X|

---------- ---------------------------------------------------------------------
        3  SEC USE ONLY
---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           Cayman Islands
--------------------- ----- ----------------------------------------------------
                        5  SOLE VOTING POWER

                            0
                      ----- ----------------------------------------------------
                        6   SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED          3,489,286
BY EACH REPORTING     ----- ----------------------------------------------------
PERSON WITH             7   SOLE DISPOSITIVE POWER

                            0
                      ----- ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            3,489,286
---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           3,489,286
---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

           [ ]

---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

           8.3%
---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           CO
---------- ---------------------------------------------------------------------







------------------------------------                      ----------------------
CUSIP No. 05356X403                         13G           Page 4 of 10 Pages
------------------------------------                      ----------------------
---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Paul Touradji
---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                  (a) [ ]
                                                                  (b) |X|

---------- ---------------------------------------------------------------------
        3  SEC USE ONLY
---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           United States
--------------------- ----- ----------------------------------------------------
                        5  SOLE VOTING POWER

                            0
                      ----- ----------------------------------------------------
                        6   SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY OWNED          3,727,364
BY EACH REPORTING     ----- ----------------------------------------------------
PERSON WITH             7   SOLE DISPOSITIVE POWER

                            0
                      ----- ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            3,727,364
---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           3,727,364
---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

           [ ]

---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

           8.9%
---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           IN
---------- ---------------------------------------------------------------------






Item 1(a)           Name of Issuer:
                    --------------

                    Aventine Renewable Energy Holdings, Inc. (the "Company").

Item 1(b)           Address of Issuer's Principal Executive Offices:
                    -----------------------------------------------

                    1300 South 2nd Street, Pekin, Illinois 61554

Items 2(a) and 2(b) Name of Person Filing and Address of Business Office:
                    ----------------------------------------------------

                    This Schedule 13G is filed by and on behalf of (a) Touradji
                    Capital Management, LP ("TCM"), (b) Touradji Global
                    Resources Master Fund, Ltd. ("Global Resources"), and (c)
                    Mr. Paul Touradji ("Mr. Touradji"), with respect to shares
                    of common stock, par value $0.001 per share, of the Company
                    ("Common Stock"). TCM and Mr. Touradji are filing this
                    Schedule 13G to report indirect beneficial ownership of
                    shares of Common Stock (the "Shares") which are directly
                    beneficially owned by Global Resources and another
                    investment fund (together with Global Resources, the
                    "Funds"). TCM serves as the Investment Manager to the Funds.
                    Mr. Touradji is a partner of TCM and the portfolio manager
                    of the Funds. By virtue of the foregoing relationships, TCM
                    and Mr. Touradji may be deemed to share beneficial ownership
                    of the Shares with the Funds.

                    TCM, Global Resources, and Mr. Touradji are hereinafter
                    sometimes collectively referred to as the "Reporting
                    Persons." Any disclosures herein with respect to persons
                    other than the Reporting Persons are made on information and
                    belief after making inquiry to the appropriate party.

                    The business address of TCM and Paul Touradji is 101 Park
                    Avenue, 48th Floor, New York, NY 10178.

                    The business address of Global Resources is c/o Spectrum
                    Global Fund Administration (Cayman) Anchorage Center, Second
                    Floor, P.O. Box 10243 APO, Grand Cayman, Cayman Islands,
                    BWI.

Item 2(c)           Citizenship:
                    -----------

                    TCM is a Delaware limited partnership. Global Resources is a
                    Cayman Islands company. Mr. Touradji is a United States
                    citizen.

Item 2(d)           Title of Class of Securities:
                    ----------------------------

                    Common stock, par value $0.001 per share

                                      -5-


Item 2(e)           CUSIP Number:
                    ------------

                    05356X403

Item 3              If this statement is filed pursuant to ss.ss.240.13d-1(b) or
                    ------------------------------------------------------------
                    240.13d2(b) or (c), check whether the person filing is a:
                    --------------------------------------------------------

                    A. [ ] Broker or dealer registered under
                           Section 15 of the Act,
                    B. [ ] Bank as defined in Section 3(a)(6) of the Act,
                    C. [ ] Insurance Company as defined in Section 3(a)(19) of
                           the Act,
                    D. [ ] Investment Company registered under Section 8 of the
                           Investment Company Act of 1940,
                    E. [ ] Investment Adviser in accordance with Rule 13d-1
                           (b)(1)(ii)(E),
                    F. [ ] Employee Benefit Plan or Endowment Fund in
                           accordance with Rule 13d-1(b)(1)(ii)(F),
                    G. [ ] Parent Holding Company or control person in
                           accordance with Rule 13d-1(b)(1)(ii)(G),
                    H. [ ] Savings Association as defined in Section 3(b) of
                           the Federal Deposit Insurance Act,
                    I. [ ] Church Plan that is excluded from the definition of
                           an investment company under Section 3(c)(14) of the
                           Investment Company Act of 1940,
                    J. [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4              Ownership:
                    ----------

                    A.   Touradji Capital Management, LP
                         -------------------------------

                    (a) Amount beneficially owned: 3,727,364 Shares.

                    (b) Percent of Class: 8.9%. The percentages used herein and
               in the rest of this Schedule 13G are calculated based upon a
               total of 41,832,276 shares of Common Stock outstanding as of
               November 9, 2006, as reported on the Issuer's Report on Form 10-Q
               for the quarterly period ended September 30, 2006.

                    (c) (i)   Sole power to vote or direct the vote: -0-
                        (ii)  Shared power to vote or direct the vote: 3,727,364
                        (iii) Sole  power to dispose of or direct the
                              disposition: -0-
                        (iv)  Shared power to dispose of or direct the
                              disposition of:  3,727,364

                    B.   Touradji Global Resources Master Fund, Ltd.
                         -------------------------------------------

                    (a) Amount beneficially owned: 3,489,286 Shares.

                                      -6-


                    (b)  Percent of Class: 8.3%.

                    (c) (i)   Sole power to vote or direct the vote: -0-
                        (ii)  Shared power to vote or direct the vote: 3,489,286
                        (iii) Sole  power to dispose of or direct the
                              disposition: -0-
                        (iv)  Shared power to dispose of or direct the
                              disposition of:  3,489,286

                    C.   Paul Touradji
                         -------------

                    (a) Amount beneficially owned: 3,727,364 Shares.

                    (b) Percent of Class: 8.9%.

                    (c) (i)   Sole power to vote or direct the vote: -0-
                        (ii)  Shared power to vote or direct the vote: 3,727,364
                        (iii) Sole  power to dispose of or direct the
                              disposition: -0-
                        (iv)  Shared power to dispose of or direct the
                              disposition of:  3,727,364

Item 5              Ownership of Five Percent or Less of a Class:
                    --------------------------------------------

                    If this statement is being filed to report the fact that as
                    of the date hereof the reporting person has ceased to be the
                    beneficial owner of more than five percent of the class of
                    securities, check the following: [ ]


Item 6              Ownership of More than Five Percent on Behalf of Another
                    --------------------------------------------------------
                    Person:
                    ------

                    Other than as set forth herein, no other person has the
                    right to receive or the power to direct the receipt of
                    dividends from, or proceeds from the sale of, in excess of
                    5% of the total outstanding Common Stock.

Item 7              Identification and Classification of the
                    ----------------------------------------
                    Subsidiary Which Acquired the Security Being
                    --------------------------------------------
                    Reported on By the Parent Holding Company:
                    ------------------------------------------

                    Not applicable

Item 8              Identification and Classification of Members
                    ---------------------------------------------
                    of the Group:
                    ------------

                    Not applicable

Item 9              Notice of Dissolution of Group:
                    ------------------------------

                    Not applicable

                                      -7-


Item 10             Certification:
                    -------------

                    Each of the Reporting Persons hereby makes the following
                    certification:

                    By signing below I certify that, to the best of my knowledge
                    and belief, the securities referred to above were not
                    acquired and are not held for the purpose of or with the
                    effect of changing or influencing the control of the issuer
                    of the securities and were not acquired and are not held in
                    connection with or as a participant in any transaction
                    having that purpose or effect.


              [THE REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK]

                                      -8-




                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated:  February 14, 2007


                              TOURADJI CAPITAL MANAGEMENT, LP
                              By: Touradji Capital GP, LLC, its general partner

                              By: Paul Touradji, Managing Member

                              By:  /s/ Thomas S. Dwan
                                   -------------------------------
                                   Name: Thomas S. Dwan
                                   Title: Attorney-in-fact



                               TOURADJI GLOBAL RESOURCES MASTER FUND, LTD.

                               By: Paul Touradji, Director

                               By:  /s/ Thomas S. Dwan
                                   -------------------------------
                                   Name: Thomas S. Dwan
                                   Title: Attorney-in-fact



                               PAUL TOURADJI


                               By:  /s/ Thomas S. Dwan
                                   -------------------------------
                                   Name: Thomas S. Dwan
                                   Title: Attorney-in-fact


                         [SIGNATURE PAGE TO SCHEDULE 13G
                                 WITH RESPECT TO
                    AVENTINE RENEWABLE ENERGY HOLDINGS, INC.]


                                      -9-



                                  EXHIBIT INDEX

Exhibit 99.1:   Joint Filing Agreement, dated February 14, 2007, by and among
                Touradji Capital Management, LP, Touradji Global Resources
                Master Fund, Ltd. and Mr. Paul Touradji.