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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

Carbon 418
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Gevo and Axens ally on ethanol-to-jet technology and sustainable aviation fuel commercial project development

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Gevo and Axens North America have entered into an agreement that establishes a strategic alliance aimed at accelerating the commercialization of sustainable ethanol-to-jet (ETJ) projects in the United States. Axens would also provide process guarantees for commercial ETJ projects. 30 years of commercial operation.

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Gevo closes $25.9M financing with Whitebox Advisors

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a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

Financing 231
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Aemetis selects Worley to provide engineering for renewable jet and diesel production plant; Axens technology

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has awarded an engineering services contract to Worley for the Aemetis “Carbon Zero” renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Aemetis, Inc.

Renewable 186
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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Catalytic Conversion: Cool Planet has developed a number of proprietary catalytic conversion processes to convert these useful hydrocarbon components into different types of fuels.

Financing 225
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. The technology converts non-recyclable, non-compostable municipal solid waste into methanol, ethanol and other widely-used chemicals. Enerkem is now registered for D3 Renewable identification numbers (RINs) credits.

Financing 199
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Valero providing construction financing for Valero-Diamond renewable diesel JV

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A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. Charles refinery near Norco, Louisiana.

Financing 186