article thumbnail

Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

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. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.

Financing 334
article thumbnail

California Governor signs two bills to strengthen emission standard for trucks; Executive Order leverages $700B portfolio to strengthen climate resiliency

Green Car Congress

California Governor Gavin Newsom signed two bills to strengthen emission standards for trucks, semis and other high-pollution vehicles. The Governor also issued an executive order directing the leveraging of the state’s $700-billion CalPERS, CalSTRS and UC Retirement Program portfolio to drive investment toward carbon-neutral technologies.

Climate 191
article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

to finance the development and production of low-carbon fuels and energy transition metals. We applaud companies like TMC who strive to set a new standard in the metals industry by investing heavily in data and consultation to make informed decisions inclusive of all stakeholders.

Carbon 352
article thumbnail

BMW Group investing in lithium extraction company Lilac Solutions

Green Car Congress

To promote environmentally-friendly, resource-efficient extraction of lithium, the BMW Group is investing , through its venture capital fund BMW i Ventures, in US startup Lilac Solutions. The BMW investment was part of Lilac’s just-closed US$150-million Series B financing.

BMW 236
article thumbnail

Redhill Resources signs option to acquire Lincoln Lithium project; 225 km SE of Tesla Gigafactory

Green Car Congress

Redhill Resources Corp. Upon acquisition of the property, if the option is fully exercised, a GORR of 1% on industry standard terms will be payable by the company to the underlying owner on any commercial production from the property. and Avarone Metals Inc. A finder’s fee of $25,000 is payable in connection with the Agreement.

Nevada 150
article thumbnail

Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

For power, the Bolt EUV can be charged on a standard 120-volt household outlet as well as a 240-volt connection for faster charges. Meanwhile, if you finance your purchase through a traditional lender, dealership, or credit union, you’re stuck making full-priced payments on your auto loan. cubic feet of storage space.

article thumbnail

Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

Green Car Congress

interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.

Argentina 335