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Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.

Financing 334
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Hyundai bringing XCIENT Fuel Cell trucks to California

Green Car Congress

Hyundai Motor Company will deploy the company’s latest hydrogen fuel cell electric heavy-duty trucks in California in two publicly funded projects to improve the air quality in the region. 30 XCIENT Fuel Cell trucks in northern California by early 2023. 30 XCIENT Fuel Cell trucks in northern California by early 2023.

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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

Green Car Congress

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. In addition, it plans to promote a pilot operation business of fuel cell electric vehicles. Hyundai Motor signed an MOU with Shanghai Electric Power Co., Shanghai Sunwise New Energy System Co.,

Hyundai 356
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LanzaTech secures $15M debt financing from Western Technology Investment

Green Car Congress

Waste gases-to-fuels and -chemicals technology company LanzaTech has closed on $15 million in debt financing from Western Technology Investment (WTI), a private investment firm based in Silicon Valley. Earlier this year, LanzaTech closed a $55.8-million

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Gevo options SD site for expansion project; 45M gallons per year renewable jet fuel and gasoline

Green Car Congress

The production facility planned for Lake Preston is contemplated to produce about 45,000,000 million gallons per year collectively of jet fuel and renewable gasoline products. Gevo intends to make a decision on whether to purchase the Lake Preston site in the future as part of Citigroup-led project financing.

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CARB launches $25M pilot program to help small trucking fleets transition to zero-emission technologies

Green Car Congress

The California Air Resources Board will launch a new pilot program that aims to help small trucking fleets make the transition to zero-emission technologies. These will include flexible financing, short-term rentals, and full-service leases, such as all-inclusive truck-as-a-service options with enhanced incentives and fueling support.

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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

to finance the development and production of low-carbon fuels and energy transition metals. gross overriding royalty on a producing natural gas field in Latin America, providing exposure to a lower-carbon transition fuel aligned with government emissions reduction policies. NORI and Low Carbon Royalties are a great fit.

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