by Jim Lane (Biofuels Digest) News arrives from Brazil that has been eagerly awaited by all. Raízen has inaugurated its new, $228 million, second-generation ethanol plant, at the Bonfim Bioenergy Complex, in Guariba, in the state of São Paulo, Brazil. The
bonds
Back TO HOMEShell-Backed Ethanol Firm Considers Making Sustainable Jet Fuel in Brazil
by Dayanne Sousa (BNN Bloomberg) The world’s biggest supplier of ethanol made from sugar cane is considering building a sustainable jet fuel plant in its home country of Brazil. “We truly believe that there is a structural advantage to producing in Brazil,”
February 29, 2024 Read Full Article
Neste Renews Green Finance Framework
(Neste) Neste has published a renewed Green Finance Framework to align future financing activities with market best practices and standards. Neste published its first Green Finance Framework in 2021 and since then has issued four green bonds totalling EUR 2.1 billion and
February 22, 2024 Read Full Article
Fulcrum Bioenergy, Aiming to Produce ‘Net-Zero’ Jet Fuel From Plastic Waste, Hits Heavy Turbulence
by James Bruggers (Inside Climate News) The California company has defaulted on $289 million in Nevada bonds and put $500 million in financing for a facility in Indiana on hold. Meanwhile, U.S. senators don’t want tax credits financing plastics-to-jet-fuel schemes. -- Six
November 25, 2023 Read Full Article
Strategic Biofuels Seeks to Further Bolster Louisiana Green Fuels Project Via US DOE Title XVII Loan Guarantee Program
(Strategic Biofuels/Business Wire) Strategic Biofuels Seeks to Further Bolster Louisiana Green Fuels Project Via US DOE Title XVII Loan Guarantee Program. The company has been invited to submit a Part II application to the U.S. Department of Energy’s Title XVII
March 09, 2023 Read Full Article
All Hands on Deck Needed to Fulfill Biofuels Promise
by David R. Rubenstein (California Ethanol + Power/Biofuels Digest) ... The proposed rule also includes a system allowing electric vehicle manufacturers to register with the EPA and generate credits based on electric Renewable Identification Numbers for power produced from qualifying renewable
December 13, 2022 Read Full Article
City of Omaha in Nebraska, US Agrees $20m Contract for Biogas Project
(Bioenergy Insight) The City of Omaha in Nebraska, US is moving forward with a plan to turn human waste into green energy, and expects to make millions of dollars in the process, according to Omaha World Herald. With a $20 million investment
September 20, 2022 Read Full Article
Strategic Biofuels Project Drives $1M Grant from DHS and FEMA to the Port of Columbia
(Strategic Biofuels/Business Wire) The Louisiana Green Fuels Project in Caldwell Parish Seen as Critical Infrastructure by the Federal Government ---Strategic Biofuels, the leader in developing negative carbon footprint renewable fuels plants, announced today that the Port of Columbia, home to
August 25, 2022 Read Full Article
Louisiana Green Fuels Allocated $250 Million of Private Activity Bonds by Louisiana Governor John Bel Edwards
(Acrofan/Business Wire/Green Fuels) The State of Louisiana continues its commitment to the world’s most deeply carbon-negative renewable diesel fuel project -- Strategic Biofuels, the leader in developing negative carbon footprint renewable fuels plants, announced today that Louisiana Governor John Bel Edwards
February 18, 2022 Read Full Article
JPMorgan Asset Arm Creates New Team to Focus on Sustainable Investments
by Sohini Podder (Reuters) JPMorgan Chase & Co's (JPM.N) asset management arm said on Monday (January 24, 2022) it had created a new private equity team to focus on sustainable investments, the bank's latest move to align its activities with its climate-change
February 02, 2022 Read Full Article
Cutting Edge Funding & Contractual Structures: The Digest’s 2021 Multi-Slide Guide to SAF Project Financing
by Jim Lane (Biofuels Digest) Accelerating deployment of sustainable aviation fuel – it’s the talk of the town this past week and here to share the latest on project financing for SAF is project finance expert Mark Riedy. From what
September 24, 2021 Read Full Article
Biodiesel Plant in Final Stages of Completion in Barka
by Kabeer Yousuf (Oman Observer) Oman produces nearly 600,000 litres of used cooking oil in a year, which goes down the drain causing pollution Asim Khamis al Sabri Owner of the initiative -- A biodiesel plant which converts used cooking oil
August 03, 2021 Read Full Article
Bioarag Registers Its First Green Bond Program for 10 Million
(Cinco Dias (Google Translation)) Biodeésel de Aragón is the sixth issuer of sustainable bonds of the MARF -- Biodiesel de Aragón (Bioarag) has registered in the MARF Market of Bolsas y Mercados Españoles (BME) its first green bond issuance program
July 29, 2021 Read Full Article
Companies for Net Zero Holds Informative and Dynamic Session on Financing RNG Projects
(Waste Advantage Magazine) On Thursday, May 20, Companies for Net Zero (formerly Companies for Zero Waste) held a great, informative session on Financing RNG Projects. The event kicked off with a discussion on “Cutting Edge Funding and Contractual Structures for Successful RNG
July 22, 2021 Read Full Article
Sugar Valley Energy Project to Issue Green Bonds
(California Ethanol + Power/Ethanol Producer Magazine) California Ethanol + Power (CE+P) on June 7 announced that its Sugar Valley Energy advanced biofuel project has been verified for Green Bond Financing through the alignment of the project with the Green Bond Principles
June 15, 2021 Read Full Article
Financing Carbon Capture
by Matthew Choi (Politico's Morning Energy) Sens. Michael Bennet (D-Colo.) and Rob Portman (R-Ohio) are introducing legislation today that would help businesses finance carbon capture technology at power plants and other industrial facilities, and seek to give a boost to direct air capture. The bill, dubbed
May 26, 2021 Read Full Article
Is There Money for Renewable Fuels? Latest Perspectives on Financing Renewable Fuel Projects
by Mike Newman (Parhelion Underwriting Inc./Biofuels Digest) Connecting people from renewable fuels companies with projects they want to finance to the people who can finance them was a key goal for Parhelion Underwriting’s recent virtual roundtable. The finance panel included Justin Goldstein
October 13, 2020 Read Full Article
Oil Prices Have Fallen below $0 a Barrel. What Does It Mean for the Climate? This Could Be an Opportunity to Reshape Our Energy System. But It Could Also Simply Lead to a Bailout of Oil Companies.
by Adele Peters (Fast Company) ... Fracking companies have lost billions over the past decade. Some investors may be even more reluctant to invest in the sector now. “I think on the financial side, I would think twice as a
April 24, 2020 Read Full Article
Democrats Say They Won't Raise Gas Tax
by Kelsey Tamborrino (Politico's Morning Energy) Four Democratic candidates for president — former Vice President Joe Biden, billionaire Tom Steyer, Sen. Amy Klobuchar and former South Bend, Ind., Mayor Pete Buttigieg — said at an infrastructure forum in Las Vegas
February 18, 2020 Read Full Article
Mayor Pete Buttigieg Reveals Climate Plan
by Miro Korenha (Our Daily Planet) ... Mayor Pete Buttigieg revealed his climate plan, a comprehensive vision to tackle some of the most carbon-intensive sectors of our economy. ... Net Zero: No later than 2050 Cost: No total cost was initially identified, although individual spending
September 04, 2019 Read Full Article
Bonds and Bioenergy: The Digest’s 2019 Multi-Slide Guide to IFC
by Jim Lane (Biofuels Digest) International Finance Corporation, a sister organization of the World Bank and member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. They leverage their products
May 10, 2019 Read Full Article
New Energy Presses on with Cellulosic Ethanol
by Mikkel Pates (AgWeek) New Energy Blue LLC is about five months away from finishing engineering and permitting on a $150 million plant project that would turn wheat and corn field residue into ethanol for high-end renewable markets. If everything goes
December 10, 2018 Read Full Article
Global Cooperation Forum: Towards a Common Preflight Checklist for the Biofuture Takeoff
(Biofuture Platform) Relevant stakeholders gather within ABLC Global 2018 to discuss a “minimum checklist” of actions to create the right environment for the global takeoff of the low carbon bioeconomy. -- The Biofuture-led Global Cooperation Forum: towards a common preflight checklist for
November 09, 2018 Read Full Article
From the Dump to the Pump: Fulcrum BioEnergy Breaks Ground on Landmark Trash-to-Jet Fuel Project
by Jim Lane (Biofuels Digest) ... Near Reno, Nevada, Fulcrum BioEnergy broke ground today for its 10 million gallon per year first commercial plant that makes jet fuel from municipal solid waste. For thousands of years we have had a love/hate relationship
May 17, 2018 Read Full Article
Biorefinery Asks Grand Forks County to Help It Sell $80 Million in Bonds
by April Baumgarten (Grand Forks Herald) ... The Grand Forks County Commission approved during a Tuesday meeting a resolution that sets the stage for a public hearing for the Red River BioRefinery bond. The $80 million bond has not been
February 08, 2018 Read Full Article
The Story of Red Rock Biofuels and the Bond Market Breakthroughs
by Jim Lane (Biofuels Digest) In the world of drop-in military biofuels, two major updates appeared this week. In Oregon, Red Rock Biofuels got good news on Monday when the governor approved $245 million in bonds that will allow the company’s planned
January 12, 2018 Read Full Article
Confronting and Solving “Chicken or Egg” Conundrums in Renewable Project Development
by Tim Sklar (Biofuels Digest) Looking to turn vicious project financing cycles into virtuous cycles? This case study in developing a small-scale Bio-LNG plant offers cautionary tales and a way forward. In July 2014, Biofuels Digest had published an article titled
April 07, 2015 Read Full Article
Growing the Green Bond Market to Finance a Cleaner, Resilient World
(The World Bank) Story Highlights: Green bonds give investors an innovative way of supporting clean energy, mass transit, and other low-carbon projects that can help countries adapt to and mitigate climate change. The World Bank has mobilized over $5.3 billion
March 19, 2014 Read Full Article
Green Banks, Green Bonds, Green Principles: 3 New Paths for Renewable Project Financing
by Jim Lane (Biofuels Digest) Developers: is affordable project finance tough to find? Lenders: want to support green projects, but find that traditional deal structures defeat your best intentions? Help is on the way, via green bond principles and green
February 11, 2014 Read Full Article
Biorefinery 2015 – Transformations in Biofuels Costs, Financing
by Jim Lane (Biofuels Digest) The first wave of cellulosic biofuels projects are now reaching completion. But what does the next wave look like – from technology to financing? We explore the trends in our two-part Biorefinery 2015 series. ... Long-term,
March 25, 2013 Read Full Article
Green Bonds Offer Cheaper Debt for First Advanced Biofuel Plants
by Louise Downing (Bloomberg BusinessWeek) Alternative forms of financing such as so-called green bonds may spur companies to build their first advanced-biofuels plants, the head of environmental finance atCitigroup Inc. (C) said. Green bonds for carbon-reducing projects, issued by bodies such as
March 18, 2013 Read Full Article
Hot Sauce! 5 Lessons Louisiana Can Teach Us about Advanced Bayoufuels
by Jim Lane (Biofuels Digest) Louisiana — hot as cayenne pepper in biofuels capacity development, but some cautionary tales there in the sauce. When it comes to the first generation of ethanol and biodiesel-based biofuels, Louisiana didn’t figure much into the
March 07, 2013 Read Full Article
Unleashing the Power of the Bio-Economy
by Jim Lane (Biofuels Digest) Recommendations from the Milken Institute — and a group of industry heavyweights — to accelerate the bioeconomy revolution. In California this week, the Milken Institute released a good read on the future of the bioeconomy, based
March 06, 2013 Read Full Article
Hot Route! New Bioenergy Financing Pathway via Risk Transfer Guaranty Bonds
by Jim Lane (Biofuels Digest) One of the most interesting and compelling solutions to the problem of financing commercial-scale biofuels was unveiled this week at the Avalon Air Show by Westar CEO Cindy Thyfault. Dubbed the Risk Transfer Guaranty Bond –
February 27, 2013 Read Full Article
Missouri Organizes for Energy Independence
by Jim Lane (Biofuels Digest) ...Like many states (or countries) that have limited oil reserves or reserves that are economically unfeasible to extract at this time – the path to energy independence lies generally in Missouri’s substantial “above-ground oil fields”
August 23, 2012 Read Full Article
The Money Identity, the Bond Supremacy, the Washington Ultimatum: Biofuels and Loan Guarantees
by Jim Lane (Biofuels Digest) ...Essentially, despite rising banking sector profits and good results from stress tests, the bank financing market has not returned for biofuels – the financing source for whom the USDA loan guarantee was developed in the
February 22, 2011 Read Full Article
The Name is Bond, part II: Financiers Find Biofuels Financing Options in Bond Market
by Jim Lane (Biofuels Digest) ...Although equity investors (primarily strategics and venture capitalists) and the government grant market has continued to participate strongly in biofuels investing, the debt market that typically represents up to 80 percent of commercial scale financing
May 17, 2010 Read Full Article
The Name is Bond: New Concepts in Bond Financing May Break Biofuels Finance Logjam
by Jim Lane (Biofuels Digest) A team from the investment bank Stern Brothers, the law firms Mintz Levin and Kreig DeVault have developed a bond-oriented approach that has received favorable initial reaction from the USDA, and may well break the logjam