USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion
Green Car Congress
OCTOBER 5, 2014
In addition to USDA’s contribution, Cool Planet has attracted private investments from numerous companies, including Google Ventures; BP; ConocoPhillips; GE; Exelon; and NRG Energy. Sapphire Energy has paid off its USDA loan for a plant now operating in New Mexico. Cool Planet will be contributing $50 million in equity to the project.
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