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USDA to provide $105M loan guarantee to Fulcrum Sierra Biofuels; municipal solid waste to ethanol

Green Car Congress

The US Department of Agriculture (USDA) announced a $105-million loan guarantee to Fulcrum Sierra BioFuels, LLC to finance development of a facility to convert municipal solid waste into advanced biofuels. With the loan guarantee finalized, the company will secure bank financing, which when combined with private equity capital provided.

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USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

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to Fulcrum Sierra Biofuels, LLC to build a biorefinery to produce jet fuel from municipal solid waste (MSW) via a proprietary two-stage thermochemical process. The plant will be the first of what the company expects to be several bio jet fuel plants throughout the country. Earlier post.). In 2013, Fulcrum was awarded a $4.7-million

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USDA to invest up to $100M to boost infrastructure for renewable fuel use; seeks to double number of higher blend ethanol fuel pumps

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US Agriculture Secretary Tom Vilsack announced that the US Department of Agriculture (USDA) will invest up to $100 million in a Biofuels Infrastructure Partnership to support the infrastructure needed to make more renewable fuel options available to American consumers. USDA will post a Notice of Solicitation of Applications in June.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. Source: Cool Planet. Click to enlarge. Earlier post.). Depending on the temperature (300 ?C