article thumbnail

Enerkem raises C$15M in project equity financing for its commercial waste-to-biofuels facility in Alberta

Green Car Congress

Waste Management and EB Investments are investing C$15 million (US$14.6 Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. million) for a minority equity interest in Enerkem Alberta Biofuels L.P., Earlier post.)

Financing 218
article thumbnail

USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

Green Car Congress

to Fulcrum Sierra Biofuels, LLC to build a biorefinery to produce jet fuel from municipal solid waste (MSW) via a proprietary two-stage thermochemical process. million loan in 2011 to convert food and agricultural waste to biogas that is used as fuel to generate electricity. Earlier post.). which received a $12.8-million

Waste 310
article thumbnail

Coskata Inc. completes first close of Series D financing round

Green Car Congress

a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. After this first close to the round, Coskata plans a final close of the transaction in Q4 of 2011. Coskata Inc.,

Financing 199
article thumbnail

ArcelorMittal, LanzaTech and Primetals to build €87M commercial-scale waste-gas-to-ethanol plant

Green Car Congress

The partners said the project will demonstrate the added value of recycling waste streams, not only by reducing emissions at source, hence reducing ArcelorMittal’s direct carbon footprint, but by keeping fossil fuels in the ground through the production of commodity chemicals and fuels that would otherwise be made from oil. Earlier post.).

Waste 150
article thumbnail

SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

Green Car Congress

The waste plastics to hydrocarbon fuels liquefaction technology is based on pyrolysis and distillation. The objective of the new agreement is to build 10 UK plants dealing with 60,000 tonnes of mixed plastic waste per year and to commission the first plant in London by end 2011. Cynar system.

Waste 231
article thumbnail

BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 —Colin McKerracher. billion, up 9% on a year earlier.

Clean 259
article thumbnail

USDA seeking applications for loan guarantees for biomass fuels and energy programs

Green Car Congress

Under the Notice of Funds Availability (NOFA), USDA is making approximately $463 million in program level available for loan guarantees in Fiscal Year (FY) 2011. For FY 2011, there is only one round of competition. Applications must be received by 10 May 2011. The deadline to apply for funding under this program is 9 June 2011.

Energy 170