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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. The feedstock for the RNG Project will be supplied by three dairy farms located in Northwest Iowa totaling more than 20,000 milking cows. Gevo received approximately $9.3
ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.
million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. ClearFlame Engine Technologies , a growing startup dedicated to the development of clean engine technology ( earlier post ), secured $2.5
In order for this vision to become a reality, policy makers must provide access to the market and the stability needed to attract the large amount of capital that will be required to finance its construction. Jeff Broin. Today, the US effectively has a 90% mandate for oil in the gasoline supply.
has secured financing of up to $20 million from First Midwest Bank for the $24-million capacity-expansion project at the company’s Ralston, Iowa biodiesel refinery. This would match the capacity at the company’s other Iowa biorefineries in Mason City and Newton. Iowa Senate File 2309, which was signed into law last year by Gov.
University partners from the states of Washington, Louisiana, Tennessee, and Iowa will lead the projects, which focus in part on developing aviation biofuels from tall grasses, crop residues and forest resources. The project aims to develop a regional source of renewable aviation fuel for Seattle-Tacoma International Airport.
In light of its joint venture with DSM, POET said it will not utilize the loan guarantee it was awarded by the US Department of Energy (DOE) on 23 September 2011 to finance Project LIBERTY. Earlier post.) Upon the closing of the joint venture, POET will officially decline the guarantee prior to drawing any funds. Earlier post.)
The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. Alliant Energy delivers the energy from the production at the facility to its natural gas customers in Iowa. The plant in Nevada (Iowa) is our first plant in the USA.
Closing of the acquisition from Tyson Foods is conditioned on REG’s replacement of the letter of credit Tyson Foods obtained to support issuance of the bonds or completion of a financing sufficient to refinance the bonds prior to 31 December 2014 on terms acceptable to REG.
USDA is negotiating three additional loans for biorefineries in Iowa, North Carolina and Oregon. 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. INEOS New Plant Bioenergy, located in Vero Beach, Fla.,
USDA’s loan commitment to Cool Planet is being financed from the remainder of the Biorefinery Assistance Program funds authorized in the 2008 Farm Bill. An additional project financed from these funds will be announced later this month. Earlier post.). Congress reauthorized and extended the program in the 2014 Farm Bill.
Under the terms of the agreement, Fiberight will finance the transfer of the vessel, equipment upgrade, and all operating costs associated with running the vessel at the Lawrenceville plant. The company brought a pre-commercial plant in Blairstown, Iowa on line in May. Enzyme recycling and cellulosic sugar concentration technologies.
Novus is working with an Oregon lender, Old West Federal Credit Union, to finance the project. USDA has financed projects in Florida, Georgia, Iowa, Louisiana, Michigan, Nevada, New Mexico, North Carolina and Oregon. USDA hopes to finalize loan terms with Novus and Old West by summer. million gallons of advanced biofuels.
Other state DOTs also are researching alternative financing methods to supplement or replace a gas tax. The state of Oregon conducted a similar study completed in November 2007 and Iowa, Nevada and Texas are among several states currently researching mileage-based user fees.
Fiberight will open a small-scale plant in Lawrenceville, Virginia, this year, and a plant producing 6 million gallons per year in Blairstown, Iowa, in 2013. M&G Group is scheduled to open a facility in Crescentino, Italy, producing 13 million gallons of ethanol per year from wheat straw, energy crops, and other locally available feedstocks.
Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Additionally, ExxonMobil recently teamed up with Iowa State University to research pyrolysis.
The Mid-America Collaborative for Alternative Fuels Implementation project will focus diversifying transportation fuel options in Kansas, Nebraska, Iowa, and Missouri. The Unlocking Private Sector Financing for Alternative Fuel Vehicles and. Metropolitan Energy. Center, Inc. These efforts include: developing an. National Association.
The addition of 20 TEC sales and service locations in Arizona, California, Iowa, Nebraska, Nevada, Oregon, South Dakota and Washington expands Bollinger’s dealer network into the Western US. TEC Equipment represents franchises from Volvo, Mack Trucks and Wabash Trailers.
. “I think you essentially have, like, lots of dealers have paid for laws that make it really hard for us to interact directly with the consumer,” the Rivian CEO adds. Sadly, this is common throughout much of the country, resulting in higher costs and a worse customer experience for the affected regions.
Material is being financed and procured through the New York Power Authority. Ames Transit Agency, Iowa: $1,600,000. The project will allow these 3rd rail heaters to be remotely monitored and turned on and off from a central control location depending on weather conditions, thus minimizing electricity use and eliminating wasted energy.
It is generous to say that an acre of Iowa can provide 12,500 miles per year at a cost of 10 cents each. They had better think seriously about financing solar and wind arrays. The first eye-opener for large scale solar was the Austin Energy PPA last year that was priced at 5 cents. New cars in 2015 get 25 mpg.)
The new policy applies to all of Tesla’s vehicles, including Cybertruck, Model S, Model 3, Model X and Model Y, starting today, November 27, 2024 (though not in Iowa or Louisiana). Third-party dealerships are allowed to purchase the vehicles, and there is a $350 purchase fee.
states (Illinois, Iowa, Kansas, Michigan, Minnesota, and Wisconsin) and one Canadian province (Manitoba). Auction revenues may be used for the public good by allocating the allowance value to: households as dividends; financing investments and other public expenditures; and. Financing Investments and Other Public Expenditures.
in 1995, she cofounded the Virtual Reality Applications Center at Iowa State University , and since then has held positions at several U.S. She now creates software for real-time information manipulation in fields as varied as energy, pharmaceuticals, and finance. VARLab/University of Central Florida After completing her Ph.D.
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