Articles tagged with: loan guarantees
by Ron Kotrba (Biodiesel Magazine) A Georgia-based joint venture is combining enzymatic and resin technologies with advanced distillation to convert brown grease to low-sulfur biodiesel. The plan is to prove out the process and make …
by Jim Lane (Biofuels Digest) In Louisiana, reports surfaced in Alexandria’s TownTalk online paper that Sundrop Fuels has struck an agreement to sell the 1200-acre site where it once planned to build its $450 million, 50 million …
by Jim Lane (Biofuels Digest) Ryze Renewables is developing two renewable fuels projects in the state of Nevada. These documents published are available online via the state of Nevada as public records. While researching a related …
by Jim Lane (Biofuels Digest) In Washington, the draft House Appropriations Committee’s FY2018 Agriculture Appropriations bill was released, and cut the Rural Energy for America Program from $50 million to $9 million, cut the Section 9003 …
by Ron Kotrba (Biodiesel Magazine) Smisson-Mathis Energy LLC, a joint venture between The Smisson Group of Macon, Georgia, and Tactical Fabrication LLC, has been selected by USDA to initiate Phase 2 of the Section 9003 …
by Luke Geiver (Ethanol Producer Magazine) A Nebraska-focused tech startup and a Latin American chemical supplier highlight two options for using ethanol as the building block for intermediate chemicals. — The future of ethanol for …
by Darren Fishell (Bangor Daily News) The company EMEP LLC wants to buy the shuttered East Millinocket paper mill to build a biorefinery that it said would be a centerpiece of a larger $240 million …
by Tex Turkel (Portland Press Herald) Ensyn Corp., which makes heating oil from wood waste, already supplies Bates College and needs more customers before it can build a plant here. — A Canadian company that …
(U.S. Department of Agriculture) This program assists in the development, construction, and retrofitting of new and emerging technologies for the development of Advanced Biofuels, Renewable Chemicals, and Biobased Product Manufacturing by providing loan guarantees for …
by Jim Lane (Biofuels Digest) Last week, we held a webinar aimed at helping you get your board of directors, senior management team, investors and partners focused on the right winning strategy during a loan …
by Lucas Daprile (TC Palm) TCPalm examined thousands of government documents, obtained through the Freedom of Information Act and Florida public records requests, to determine what taxpayers got in return for their $129 million investment …
by Jim Lane (Biofuels Digest) Bottom line, if you’re in the business of financing a renewable fuels project with a loan guarantee in the mix, you’re probably talking with Stern Brothers and managing director John …
(AgriMarketing/Reuters) Sarnia, Ontario, home to dozens of Canada’s refineries and chemical plants, is lobbying hard to lure a biotech plant to the city as the local petrochemical-powered economy braces for the impact of a provincial …
Liz Gyekye (Biofuels International) Plans to build Denmark’s first biorefinery near Holstebro, which was due to produce bioethanol and biogas, have come to a halt as a result of lack of political support and financing …
(U.S. Department of Agriculture) … The Obama Administration has pursued a carefully balanced approach, deploying technologies that improve the very best of our existing energy sources, while rigorously implementing policies that invest in the second and …
by Jim Lane and Ron Cascone (Biofuels Digest/NEXANT) Recently, we held a popular webinar on Renewables and the Advanced Bioeconomy with NEXANT principal Ron Cascone, for which you can see the slides here.
During the webinar, we received …
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) For advanced biofuels under the Obama administration, what started out with a boom in 2008 ended with a whimper in 2016. … As the nascent industry began to develop, …
by Jim Lane (Biofuels Digest) In Washington, the Biotechnology Innovation Organization released a landmark report “Advancing the Biobased Economy: Renewable Chemical Biorefinery Commercialization, Progress, and Market Opportunities, 2016 and Beyond,” documenting substantial, ongoing growth in the …
by Jim Lane (Biofuels Digest) … The company was beginning to hurtle towards an IPO. But the fuel yields were low; the fuel was not usable by their initial chosen downstream partner; the catalyst they were …
(U.S. Department of Agriculture/Federal Register) This Notice announces the solicitation of applications for funds available under the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (the Program) to provide guaranteed loans to fund the …
by Stephen Davies (Agri-Pulse) USDA is providing nearly $55 million in grants and loan guarantees to help 821 small businesses in rural areas save on energy costs.
The latest round of grants awarded under the Rural …
by Jim Lane (Biofuels Digest) The Loan Program Office of the U.S. Department of Energy recently introduced a number of important updates to the Loan Guarantee Solicitation for Applications for Renewable Energy and Energy Efficiency …
by Jim Lane (Biofuels Digest) … In California, Greenyug said it will build an industrial-scale ethyl acetate manufacturing facility adjacent to Archer Daniels Midland Company’s wet mill corn processing facilities in Columbus, Nebraska. Greenyug has …
by Jim Lane (Biofuels Digest) This month, we held a well-attended webinar on USDA Biomass programs. Here below is a slide deck presented on the day, by the USDA’s Mark Brodziski. The recorded version of the …
by Jim Lane (Biofuels Digest) This week, we held a well-attended webinar on “Boom times in Renewable Diesel” Here below is the first slide deck presented on the day, from The Digest. The recorded version of …
by Brent Erickson (Biotechnology Innovation Organization/Biofuels Digest) … Congress changed mandatory funding for two key bioenergy programs – despite their tangible successes – through its Fiscal Year 2016 (FY16) Omnibus spending bill. USDA’s Section 9003 Loan …
by Erin Voegele (Ethanol Producer Magazine) On March 3, two subcommittees associated with the House Committee on Science, Space and Technology held an oversight hearing on the U.S. Department of Energy’s loan guarantee program.
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Rep. Don …
(Industrial Biotechnology) … My current assessment is that there exists an unlimited sense of opportunity in the biobased products and bioenergy sector. I look at the work being done at the USDA, which is extensive and …
by George Plaven (East Oregonian) The U.S. Department of Agriculture is stepping up with an $11 million loan to build a new biorefinery in Boardman. — With financing in place, a Minnesota-based energy company …
by Brent Erickson (Biofuels Digest/Biotechnology Innovation Organization) … The challenge our industry faces right now is to continue building investment in the biobased economy. That can be accomplished with both policy and non-policy activities.
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On the policy …
by Corinne Young and Michele Jalbert (Biofuels Digest/re:chem Alliance) For all of 2015’s turbulence in the renewable chemical sector, in one area – US government policy – the industry saw marked progress.
For the last two …
by Jim Lane (Biofuels Digest) Jeffrey Jacobs, who served as Vice President of Chevron Technology Ventures until his recent retirement from Chevron, was appointed CEO of Ensyn Corporation and elected to its Board of Directors. …
by Jim Lane (Biofuels Digest) The Department of Agriculture needs no introduction, but within USDA Rural Development is the Energy Division takes a leading role on biorefinery loan guarantees.
How does the process work, what are the …
by Jim Lane (Biofuels Digest) What is the Purpose of the Feasibility Study? How can I know if my project is feasible? What should I look for in choosing a feasibility study consultant? What does a successful …
by Erin Voegele (Ethanol Producer Magazine) … Several of the achievements listed by the USDA benefited the bioenergy and biofuels sectors. Under the category of climate change achievements, the department highlighted its work with the U.S. …
by John Kirkwood (Biofuels Digest/Faegre Baker Daniels) Project financing is the financing of infrastructure and industrial projects and relies primarily on the development of a project and its cash flow for repayment — but for a first commercial …
The Digest will host a free webinar on January 5, 2016 at 12 ET titled “Successfully financing advanced biobased projects via the USDA 9003 Loan Guarantee program.” Webinar participants include John Kirkwood of Faegre Baker …
by Jim Lane (Biofuels Digest) Bottom line, if you’re in the business of financing a renewable fuels project with a loan guarantee in the mix, you’re probably talking with Stern Brothers and managing director John …
by John Montgomery (The Hutchinson News) … Abengoa shut down the plant last month – eliminating about 50 jobs – a little more than a year after a grand opening celebration featuring high-level state and …
(US Department of Agriculture) Agriculture Secretary Tom Vilsack today announced a conditional commitment for a $70 million loan guarantee to help build a cellulosic biorefinery in central Georgia. USDA is providing the loan guarantee conditional …
by Rob Nikolewski (Kansas Watchdog.org) … “I think we have to see how this thing plays out. In the short run, of course, it’s a devastating blow,” said Neal Gillespie, Stevens County Economic Developmentdirector. “In the long …
(The Daily Caller News Foundation) Rep. Mike Pompeo is demanding information on Abengoa, a Spanish green energy firm on the brink of bankruptcy that could leave U.S. taxpayers on the hook for billions of dollars.
The …
by John Kirkwood (Faegre Baker Daniels LLP/Ethanol Producer Magazine) A few changes have been implemented in the Biorefinery, Renewable Chemical and Biobased Product Manufacturing Assistance Program, writes John Kirkwood. … In June, an interim final …
(US Department of Agriculture) Agriculture Secretary Tom Vilsack today (October 26, 2015) announced that USDA is awarding loans and grants that will help more than 1,100 rural small businesses and agricultural producers reduce energy usage …
by Michael Bastasch (Daily Caller) Abengoa Bioenergy got nearly $230 million in federal loans and grants to build a massive cellulosic biofuel refinery capable of producing 25 million gallons of ethanol every year. The company, however, …
by Jim Lane (Biofuels Digest) Sapphire is a venture capital backed company founded in 2007 for the purpose of growing and processing micro-algae into products that serve very large and diverse markets where the unique …
(Biofuels Digest) Slide 1: The Department of Energy’s Loan Programs Office (LPO) issues loans and loan guarantees to finance deployment of innovative energy projects and advanced technology vehicle manufacturing facilities in the United States. Commercial banks and bondholders …
(US Department of Agriculture) Funding supports solar and other renewable energy projects to create jobs and promote energy independence — Agriculture Secretary Tom Vilsack today announced $63 million in loans and grants for 264 renewable energy …
by Erin Voegele (Ethanol Producer Magazine) In early July, the U.S. Department of Energy announced it is soliciting applications for up to $4 billion in loan guarantees to support renewable energy and energy efficiency projects …
by Osaretin Omorodion* (Advanced Biofuels USA) Biobased products are a new innovation that are gradually contributing more to the U.S. economy in the forms of alternative fuels, packaging, plastic substitutes and more. An Economic Impact …
by Corinne Young and Michele Jalbert (Biofuels Digest/Renewable Chemicals and Advanced Materials Alliance (re:chem)) … Buoyed in wake of our successful Farm Bill expansion of USDA 9003 loan guarantees to renewable chemicals/bioproduct manufacturing and progress toward …
by Mark J. Riedy and Ben Snowden (Kilpatrick Townsend/Biofuels Digest) The USDA has completely overhauled what used to be known as Biorefinery Assistance Program and now is called the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing …
(US Department of Energy) The Department of Energy announced several new and expanding initiatives as part of the Administration’s Clean Energy Investment Summit, including the launch of a Clean Energy Impact Investment Center (CEII), which …
by Erin Voegele (Ethanol Producer Magazine) The USDA’s Rural Business Cooperative Service and Rural Utilities Service has published an interim final rule for the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, formerly known …
by Jim Lane (Biofuels Digest) … In Washington, Agriculture Secretary Tom Vilsack announced the release of a new report that shows the U.S. biobased industry in 2013 contributed four million jobs and $369 billion to the US economy. …
by Cynthia Thyfault (Westar Trade Resources/Biofuels Digest) The biobased products and fuels industry has been anxiously waiting for the new USDA Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. Authorized in the 2014 Farm Bill and …
by Corrine Young and Michele Jalbert (Renewable Chemicals and Advanced Materials Alliance (re:chem)/Biofuels Digest) … Program changes garnered in the most recent Farm Bill reauthorization have, for the first time, broadened the loan guarantee program to include …
by Jim Lane (Biofuels Digest) … In France, Global Bioenergies announced that it has completed the financing of its demo plant, and is commencing construction immediately. The 5,000L demonstration-scale facility will be completed in spring 2015, …
by Jim Lane (Biofuels Digest) Project of the Year, Deal of the Year, Partnership of the Year, Chemical of the Year, and Cap Raise of the Year — who are the big winners? Each year, the …
by Greg Breining (Bioenergy Connection) When Bioenergy Connection first covered the progress to commercial cellulosic ethanol in 2011, a dozen biofuel companies were claiming they would go big by 2015. After years of industry-wide anticipation and …
by Jim Lane (Biofuels Digest) …Here’s our most recent update, focusing on 10 key issues (though not ranked in order of importance):
1. Oil price volatility — will it stabilize?
2. RIN price volatility — will the …
by Henry C. Jackson (Capital Press/Associated Press) The refinery in Hugoton, Kan., built by Seville, Spain-based Abengoa, is the largest cellulosic biorefinery in the world.
At the RV Park he owns in a remote corner of …
(FarmEnergy.org) The big news from our nation’s capital this past week has been the passage of the appropriations bill for fiscal year 2015, which began on October 1st. The federal government had been operating on …
by Jim Lane (Biofuels Digest) There are times for TED Talks about wondrous advances in technology and the future that awaits us. Then, there are times for Teddy Talks: of practical progress, problem solving, …
by Nichola Groom (Reuters/Huffington Post) The controversial government program that funded failed solar company Solyndra, and became a lighting rod in the 2012 presidential election, is officially in the black.
According to a report by the …
by Alicia Moulton (U.S. Department of Energy) … These cellulosic ethanol plants managed by Abengoa, POET-DSM, and INEOS are three of the fifteen active integrated biorefinery projects under the Energy Department’s Bioenergy Technologies Office. Also, three …
by Jim Lane (Biofuels Digest) In California, BlueFire Renewables has received a Letter of Intent from The Export Import Bank of China (China EXIM) to provide up to $270 million in debt financing for its …
by Jim Lane (Biofuels Digest) USDA issues $91M loan guarantee conditional commit to Cool Planet. Obama Administration back building of the company’s first commercial plant in Louisiana, as it opens its first commercial-scale Cool Terra …
by Jim Lane (Biofuels Digest) Cellulosic ethanol arrives at scale — “The five years away forever” put to rest — but are there troubling waters still ahead? For whom, and why?
Part I of II
There’s a …
by Rick Smith (The Gazette) Fiberight opening pushed later into 2015
Maryland-based Fiberight LLC had expected to begin construction in June on a $15 million facility to grab organic material in garbage to convert into ethanol …
by Jim Lane (Biofuels Digest) Innovative finance? We think that’s John May’s middle name; it’s certainly his trademark. Stern Bothers rolled up a tremendous clientele in the Advanced Bioeconomy — primarily on its innovative bond …
(US Department of Agriculture) $105 Million loan guarantee provided through the Biorefinery Assistance Program
Agriculture Secretary Tom Vilsack today announced that USDA has closed on a loan guarantee to Fulcrum Sierra Biofuels, LLC to build a biorefinery …
by Anna Simet (Biomass Magazine) Though the USDA Rural Energy for America Program has been hugely successful since it was first implemented in the 2002 Farm Bill, numerous changes have been implemented over the years in …
by Jim Lane and Mark Riedy (Biofuels Digest) This week in Washington, the Department of Energy’s Loan Program Office announced the Final RenewableEnergy and Energy Efficiency Projects Solicitation for its up to $4 billion loan …
by Rick Smith (The Gazette)”First-in-the-nation” plant to convert municipal solid waste and other trash into cellulosic biofuel
No Martians are landing, but loads of steel began arriving on Monday for the takeoff of project to expand …
by Jim Lane (Biofuels Digest) Interested in transforming liquid fuels – and wondering “where are the gallons”? The secret lies in re-structuring the financing of alternative fuels. Today, in part I of three: the Situation.
A …
by Chris Hanson (Ethanol Producer Magazine) The California Energy Commission Lead Commissioner on the 2014 Integrated Energy Policy Report Update conducted a workshop aimed at alternative financing options and strategies to support the development and …
by Erin Voegele (Ethanol Producer Magazine) The U.S. DOE has announced its intent to offer up to $4 billion in Section 1703 loan guarantees to support a wide variety of renewable energy and energy efficiency …
(US Department of Energy) In support of the Administration’s all-of-the-above energy strategy, the Department of Energy issued a draft loan guarantee solicitation today for innovative renewable energy and energy efficiency projects located in the U.S. …
by Jim Lane (Biofuels Digest) Vitally interested in President Obama’s proposed 2015 budget and the 411 on grants, incentives, tax credits, loan guarantees and R&D support — but haven’t got the time to read all …
by Chris Groobey and Taite McDonald (Wilson Sonsini Goodrich & Rosati) … Since the changes surrounding the Section 9003 Biorefinery Assistance Program of Title IX (9003 Biorefinery Assistance Program or the program) are the most substantive and have been …
by Jim Lane (Biofuels Digest) Beta Renewables, Abengoa, Enerkem, Proterro among the winners for Project of the Year — as residues and waste are keys to the big wins. For Fuel of the Year, Renewable …
(US Department of Agriculture) Agriculture Secretary Tom Vilsack today announced the availability of $181 million to develop commercial-scale biorefineries or retrofit existing facilities with appropriate technology to develop advanced biofuels. The U.S. Department of Agriculture …
by Jim Lane (Biofuels Digest) …As most know, the US Government in the past few days re-opened for business, and there’s an attractive USDA Loan Guarantee program recently unveiled that aspiring bioeconomy projects definitely will …
by Holly Jessen (Biodiesel Magazine) Agriculture Secretary Tom Vilsack recently announced funding for projects in 22 states to help reduce energy consumption and cost, as well as for increasing the use of renewable technologies, including …
(Renewable Fuels Association) Sen. Tom Harkin, D-Iowa, introduced a bill Monday that would create a grant program for ethanol-pump installations, establish a loan-guarantee program for renewable-fuel pipelines and require new Department of Energy regulations to …
(U.S. Department of Energy) …Despite over 7 years of effort and the expenditure of about $603 million, the Department had not yet achieved its biorefinery development and production goals. Specifically, the EPAct mandate 2 to demonstrate the …
(Biofuels International) Diamond Green Biodiesel, a joint venture between Valero Energy and Darling International, has reached capacity during its start-up phase.
The plant, based next to Valero’s St Charles refinery in Louisiana, began operations in June …
by Rick Smith (The Gazette) Solid waste recycling facility could divert waste from landfills in the region
… The Marion City Council Thursday unanimously approved a deal with waste-to-energy firm, Fiberight LLC, which gives the Maryland-based …
by Jim Lane (Biofuels Digest) Sapphire raises new round of equity, pays off USDA Loan Guarantee: “Sapphire Energy is very grateful to the USDA for supporting algae crude oil,” says CEO C.J. Warner.
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Reached by telephone, …
by Dan Seif (Mother Earth News/Rocky Mountain Institute) Advanced, non-food biofuels are gaining momentum in 2013 as several new plants have gathered the capital and momentum for large-scale production.
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Despite sparse media coverage, significant volumes of …
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 …
(PR NewsWire/ZeaChem) Facility will prove biorefining process for commercial-scale production
ZeaChem Inc., developer of highly-efficient biorefineries, today announced that it has produced commercial-grade cellulosic chemicals and ethanol at its 250,000 gallons per year (GPY) biorefinery in Boardman, …
by Charles Lane (The Washington Post) The Obama administration’s electric-car fantasy finally may have died on the road between Newark, Del., and Milford, Conn.
The New York Times’s John M. Broder reported Friday that the Tesla Model S …
by Susanne Retka Schill (Ethanol Producer Magazine) The next five years—the often scoffed mantra of cellulosic ethanol developers—is getting whittled down to the next year or two. A milestone was reached this year when Blue Sugars …
Martin Lamonica (MIT Technology Review) Sapphire Energy has started operation of its demonstration-scale algae farm, a project which perhaps brings more clarity to an industry debate over the best way to grow algae.
The San Diego-based …
by Dan Chapman (The Atlanta Journal-Constitution) … In a blistering critique obtained by The Atlanta Journal-Constitution, (Hosein) Shapouri (a senior economist with the U.S. Department of Agriculture in Washington) labeled the proposed Range Fuels plant …
(PR NewsWire/Sapphire Energy) Initial Phase of World’s First Green Crude Farm Completed On Time and On Budget
Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced the first phase …
by Jim Lane (Biofuels Digest) In North Carolina, Chemtex announced that it has received a $99 million conditional loan guarantee from USDA, under the USDA’s 9003 Biorefinery Assistance Program for the engineering and construction of …
by Sue Retka Schill (Biomass Magazine) Fulcrum BioEnergy Inc. received a $105 million condition loan guarantee from the USDA, putting its planned 10 MMgy Sierra BioFuels Plant closer to groundbreaking. “This USDA loan guarantee provides a …
by Emery P. Dalesio (The Republic/AP) An Italian company’s Wilmington-based subsidiary is geared up to build a factory that can convert grassy plants into fuel for cars and trucks amid Sampson County’s hog and turkey …
by Steven Mufson (The Washington Post) A White House consultant’s report said Friday that the Energy Department should bolster its ability to assess loan guarantee risks in the wake of the Solyndra bankruptcy, and urged the department …
by Luke Geiver (Biorefining Magazine) Experts say it’s counterproductive, but biorefining firms continue on with government
The government is a tricky organization to work with. At least that’s what Pamela Serino, director for the quality and …
(US Department of Agriculture) Agriculture Secretary Tom Vilsack today announced that USDA has approved a conditional commitment in the amount of $232.5 million to ZeaChem Boardman Biorefinery, LLC (ZBB) through the Biorefinery Assistance Program. ZBB …
by Jim Lane (Biofuels Digest) Two titans form a monster JV, starting out with a $250M investment.
…In Iowa, Poet has teamed with Dutch-based Royal DSM to create a 50/50 joint venture called Poet-DSM Advanced Biofuels that will …
(Green Car Congress) The US Department of Agriculture (USDA) has approved a conditional commitment for a $25 million guaranteed loan to build a biorefinery plant with funding support from USDA’s Biorefinery Assistance Program. The plant will be …
(Bloomberg) LanzaTech NZ Ltd., a closely held biofuels company backed by billionaire Vinod Khosla, will convert a U.S. cellulosic ethanol plant it bought from Range Fuels Inc. to produce chemicals from biomass.
The $5.1 million deal completed …
(Bloomberg) Range Fuels, Inc.,…, a closely held U.S. cellulosic ethanol company that was offered $156 million in federal government backing, sold its only factory to LanzaTech NZ Ltd. as part of a government-approved liquidation.
The U.S. Department …
by Jim Lane (Biofuels Digest) The first gas fermentation technology to come to the public markets: Coskata files its $100 million IPO. Here’s our 10-minute version of the filing, with a translation of the risks …
by Kevin Bullis (MIT Technology Review) This month, Range Fuels, one of the first companies in a wave of startups that promised cheap biofuels made from sources such as wood chips rather than corn, shut …
by Jim Lane (Biofuels Digest) …Your calls and emails are always the highlight of our days. Most questions can be answered johnny-on-the-spot. Some are still out there and well worth arguing over. Here are the …
by Luke Geiver (Biorefining Magazine) …In the letter, the group pointed out the need for programs like the 9003 Biorefinery Loan Guarantee Program offered through USDA. “Loan guarantees are the most cost-effective way to develop …
by Carol D. Leonnig and Joe Stephens (The WashingtonPost) The Obama administration has poured roughly $5 billion in taxpayer funds into the electric-car industry, offering incentives to manufacturers, their suppliers and even car buyers who might want …
by Jim Lane (Biofuels Digest) …Let’s talk about Range Fuels, the good and the bad.
In Georgia, the AgSouth Farm Credit bank, which is the lender of record for an $80 million construction loan that Range …
by Bruce V. Bigelow (Xconomy) …Jason Pyle: …So soon, we will see the U.S. military as the leading customer for crude oil replacements. As pressure rises on the commercial airline industry (which uses most of …
by Jim Lane (Biofuels Digest) In Texas, Waste Management announced that it has closed an equity investment in Fulcrum BioEnergy. In connection with this investment, WM agreed to a secured loan facility that provides for WM’s …
by Brent Erickson (Biofuels Digest/BIO) Federal loan guarantees may be scuttled after the Solyndra affair – but should the baby really be thrown out with the bathwater?
…But the programs’ untimely end may coincide with the …
by Jim Lane (Biofuels Digest) …Here the Digest’s take: for bioenergy, S-Day is about Solyndra and Secretary Chu, but it isn’t really much about bioenergy. Out of an $80 billion authorization for clean energy loan …
by Jim Lane (Biofuels Digest) In California, more than 350 delegates gathered at Advanced Biofuesl Markets to set industry priorities for the next six months,seal partnerships, and exchange outlooks on 2012. It didn’t take long …
(Sapphire Energy) Agriculture Secretary Tom Vilsack announced today that USDA has issued a loan guarantee that will allow a biofuels firm to construct a facility in New Mexico to produce “green crude” oil from algae …
by Ben Geman and Ariel Katz (The Hill E2Wire) Energy Secretary Steven Chu warned Thursday that a retreat from federal green-energy investments would be a grave economic mistake, but acknowledged that the design of loan …
by Jim Lane (Biofuels Digest) …The fact that the US government doubled-down, by allegedly subordinating the loan to investments by a pair of hedge funds, during a Solyndra financial reorganization, is going to cost Energy Secretary …
by Philip Brasher (Gannett/Des Moines Register) Developers of biofuels already have been struggling to attract private investment. Now they’ll have even fewer financing options with the sunsetting of the loan guarantee program that financed …
(US Department of Energy) Groundbreaking Cellulosic Ethanol Project Expected to Fund Over 300 Jobs and Build Nation’s Capacity for Cellulosic Ethanol Production
U.S. Energy Secretary Steven Chu today announced that the Department finalized a $132.4 million …
by Steven Mufson and Carol D. Leonnig (The Washington Post) …The Obama administration’s vaunted initiative to catalyze the U.S. clean-energy industry — under attack for betting half a billion dollars on the solar-panel manufacturer Solyndra, which closed …
(POET) POET closes on loan to keep construction on pace for 2013 plant start-up
POET today (September 23, 2011) received final approval for a $105 million loan guarantee issued through the U.S. Department of Energy’s Loan …
by Jim Lane (Biofuels Digest) The first zero-cost feedstock biofuels company comes to the public markets with its IPO.
…Fulcrum becomes the 12th company to file for an IPO in the industrial biotech boom, which began …
by Jim Efstathiou Jr. (Bloomberg) The Obama administration, defying congressional Republicans after the failure of solar-panel maker Solyndra LLC, is working to award as much as $9.2 billion in government financing to renewable energy companies …
by Holly Jessen (Ethanol Producer Magazine) Not content to let Brazil hog all the glory, three development-stage companies eye sugar-based ethanol feedstocks
…If successful, California Ethanol & Power LLC will be the first ethanol production company …
(INEOS Bio/PR NewsWire) Florida project is first large-scale advanced biorefinery facility in U.S. to close financing in latest round of USDA backed financing
INEOS Bio announced that its joint venture project closed private financing on a $75m loan …
(Abengoa/PR NewsWire) Abengoa today announced that its subsidiary, Abengoa Bioenergy, has been selected by the US Department of Energy’s Loan Programs Office to receive an offer of a conditional commitment for a $133.9 million federal loan …
by Robert E. Kozak (Advanced Biofuels USA) As a tie-in to President Obama’s current bus tour promoting his job creation plans, the White House has issued a press release promoting a three-year $510 million dollar …
by Matthew Lynley (Green Beat) Enerkem, a company that specializes in converting unusable waste into ethanol and other chemicals, announced today that it has raised $30 million in an extension of its most recent funding round.
Enerkem …
by Robert E. Kozak (Advanced Biofuels USA) Many programs authorized by the 2008 Farm Bill will expire in 2012 unless they are included in a new Farm Bill. Among those programs that would expire …
by Jonathan Silver (Department of Energy/Biofuels Digest) …the U.S. Department of Energy’s Loan Programs Office (LPO) has been extremely busy, committing or closing 19 additional financings of clean energy projects – including one of the …
by Jim Lane (Biofuels Digest) …In a swirling stew of change regarding US federal incentives, tariffs, tax credits and loan guarantees, the most consistent mechanism driving the expansion of renewable transport fuel has been the …
(POET) POET has received an offer for a conditional commitment for a $105 million U.S. Department of Energy loan guarantee to construct a cellulosic ethanol plant in Emmetsburg, Iowa that will produce 25 million-gallon-per-year from …
by Dan Piller (Des Moines Register) …The EPA said the biorefineries expected to be online by this year had not materialized, which didn’t come as news to Jim Sturdevant, manager of Poet’s proposed “Project Liberty” …
(European Commission) On 1st July 2011, the Commission launched a new European Energy Efficiency Fund (EEE-F) as part of the European Energy Programme for Recovery (EEPR).
It will allocate around EUR 146 million from the EEPR (3.7% of …
by Kris Bevill (Ethanol Producer Magazine) The USDA’s June 15 application deadline for blender pump funding via the Rural Energy for America Program is fast approaching and state energy coordinators say they have been busy …
by Kris Bevill (Ethanol Producer Magazine) Private financial support for technology acceleration continues to be important, and certain technologies are becoming clear favorites for investors, according to a recent Bloomberg New Energy Finance analysis of …
(Daily Markets/PRNewsWire) Darling International Inc. today (May 31, 2011) announced that Diamond Green Diesel LLC, its previously announced joint venture project with Valero Energy Corporation, has secured financing for the planned construction of its renewable …
by Mike McAdams (Biorefining Magazine/Advanced Biofuels Association) I recently had the privilege of testifying before the Energy and Power Subcommittee of the U.S. House Committee on Energy and Commerce and share with its members the …
by Will Dalen Rice (Earth Science Erratics) … The ALBC was more of a business conference than it was a technology conference. Many technologies have been able to prove viability in the laboratory. Step two, …
by Jim Lane and Ben Lazarus (Biofuels Digest) …To be an ideal location for bioenergy projects, a site must have an advantaged combination of feedstock, infrastructure for production and distribution. Access to local markets is …
by Jonathan Silver (US Department of Energy) …One of the three types of loans or loan guarantees offered by our office – Section 1705 loan guarantees from the Recovery Act – will expire by statute …
by Daniel Looker (Agriculture.com) …But when Senator Tom Harkin was asked about his sense of support for the Grassley-Conrad Bill on Thursday, he said that it has some risks. Harkin supports Grassley’s bill, and is …
by Katherine Yung (Detroit Free Press) …Together, these deals represent $1.2 billion in new investment in the state and more than 3,800 new jobs. If successful, they would significantly boost the state’s efforts to grow …
(Advanced Biofuels Association) A consistent commitment by Congress that avoids the ups and downs of public opinion will be crucial to the success of transforming America’s energy policy to cleaner and renewable sources, that’s what …
(Wilson, Sonsini, Goodrich & Rosati) On April 12, 2011, the House Appropriations Committee released the final Continuing Resolution bill for the remainder of fiscal year 2011 (the CR).1 As described below, the CR amends the …
