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
SEPTEMBER 4, 2014
USDA awarded the first loan guarantee in 2009 to Sapphire Energy in New Mexico. INEOS New Plant Bioenergy, located in Vero Beach, Fla., These loans would provide financing to produce renewable fuels from woody biomass, municipal solid waste and energy grasses such as switch grass, miscanthus and arundo donax.
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