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Gevo closes $68M Green Bond to finance RNG project

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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.

Financing 334
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ClearFlame Engine Technologies secures $17M in Series A financing

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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.

Financing 318
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VERBIO launches first cellulosic RNG plant in the USA

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The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. Renewable natural gas from the VERBIO Nevada Biorefinery is injected into an Alliant Energy pipeline before being distributed across the country. The plant in Nevada (Iowa) is our first plant in the USA.

USA 195
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Renewable Energy Group to acquire Tyson Foods’ half ownership of Dynamic Fuels renewable diesel biorefinery

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Renewable Energy Group, Inc. The Geismar facility, completed in 2010, was the first large scale renewable diesel biorefinery built in the US. REG is a long-term customer of ours, buying fats, oils and greases to make renewable fuel, and we hope to continue that relationship. REG) has reached an agreement with Tyson Foods, Inc.

Renewable 199
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REGI secures up to $20M for biodiesel plant capacity expansion

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Renewable Energy Group, Inc. 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 150
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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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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.,

Waste 310
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USDA to award $11M loan guarantee to Oregon biorefinery

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with an $11-million loan guarantee through the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. Novus is working with an Oregon lender, Old West Federal Credit Union, to finance the project. million cubic feet of renewable natural gas, 350 gallons of liquid fertilizer, and 11.2

Oregon 150