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Enerkem raises C$59M in latest financing round; Valero Energy joins, Waste Management increases investment

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Waste to biofuels and chemicals company Enerkem announced the closing of C$59 million (US$60 million) in financing. As part of this financing, Valero Energy Corp. joins existing investors Waste Management, Rho Ventures, Braemar Energy Ventures and Cycle Capital, who have each invested in the new equity round.

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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. million loan in 2011 to convert food and agricultural waste to biogas that is used as fuel to generate electricity. Earlier post.). which received a $12.8-million

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Enerkem raises C$15M in project equity financing for its commercial waste-to-biofuels facility in Alberta

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Waste Management and EB Investments are investing C$15 million (US$14.6 Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. The Enerkem Alberta Biofuels facility will use the City of Edmonton’s landfill-bound waste to create renewable fuels and chemicals locally.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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The plant will feature SGH2’s technology, which will gasify recycled mixed paper waste to produce green hydrogen that reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper. That’s why our partnership with SGH2 is so important.

Waste 345
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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a leading waste-to-biofuels and chemicals producer, has completed a C$280-million (US$223 million) investment round—its largest to date. In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. Enerkem is now registered for D3 Renewable identification numbers (RINs) credits.

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Air Products secures planning permission for Tees Valley energy-from-waste Renewable Energy Facility

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Air Products has secured planning permission from Stockton on Tees Borough Council (UK) for its Tees Valley Renewable Energy Facility. The facility is the first of a number of advanced gasification energy-from-waste plants that Air Products will be looking to develop in the UK over the next few years.

Waste 210
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USDA to provide $105M loan guarantee to Fulcrum Sierra Biofuels; municipal solid waste to ethanol

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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. by Fulcrum, will fully fund construction of the municipal solid waste to renewable transportation fuel facility.

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