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Enerkem raises C$59M in latest financing round; Valero Energy joins, Waste Management increases investment

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Waste to biofuels and chemicals company Enerkem announced the closing of C$59 million (US$60 million) in financing. As part of this financing, Valero Energy Corp. joins existing investors Waste Management, Rho Ventures, Braemar Energy Ventures and Cycle Capital, who have each invested in the new equity round.

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Biomass to sugars and lignin company announces new name, new CEO, $30M in funding and a $75M deal with Mississippi to build plants in state

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Virdia, formerly HCL CleanTech, a developer of cellulosic sugars, announced a number of major company milestones, including a new brand and CEO, its latest funding round, and a $75-million deal with the Mississippi Development Authority to build manufacturing plants in the state. Earlier post.)

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DOE pulls grant funding from BlueFire Renewables cellulosic biofuels plant

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BlueFire also asserted that if it failed in reversing the DOE decision, it would devise a new strategy with respect to financing the Fulton Project. BlueFire Renewables, Inc., Earlier post.). BlueFire said it would exhaust all options available to it in order to reverse the DOE’s decision.

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EmberClear completes technical feasibility study for a natural gas to liquids project in Natchez, MS

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has completed the technical feasibility study for a natural gas to liquids project in Natchez, Mississippi. EmberClear has access to an 800-acre site along the Mississippi River. The company has completed all major milestones related to Good Spring NGCC 1 and is currently evaluating proposals for construction financing.

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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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A new report by the Geothermal Energy Association (GEA) shows strong growth in new geothermal power projects continuing through 2009. Mississippi. MW of power to the US geothermal energy output. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects.

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Denbury Undertakes Midwest CO2 Pipeline Feasibility Study

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has initiated a comprehensive feasibility study of a possible long-term CO 2 pipeline project which would connect proposed gasification plants in the Midwest to Denbury’s existing CO 2 pipeline infrastructure in Mississippi or Louisiana. Denbury Resources Inc. billion, based on the cost of other pipelines recently built or under construction.

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KiOR seeks to double cellulosic fuels production at Columbus plant; $50M in from Khosla for Columbus II

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is pursuing plans to double production capacity at its Columbus, Mississippi, facility through construction of a second facility incorporating KiOR’s commercially proven technology. Cellulosic gasoline and diesel company KiOR, Inc. Khosla Ventures incubated KiOR in 2007 and is the lead investor. Earlier post.).

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