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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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Global Bioenergies opens US branch for production of light olefins from renewable resources

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France-based Global Bioenergies, an industrial biology company developing sustainable routes to light olefins ( earlier post ), has opened a branch facility in Ames, Iowa. The new operation will focus on Global Bioenergies’ program for bioconversion of renewable resources into isobutene and other light olefins through fermentation.

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Edeniq and Flint Hills Resources Renewables establish joint development relationship for ethanol

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Flint Hills Resources Renewables, LLC, a leading US ethanol producer, will become a customer of Edeniq, Inc., a biomaterials and sustainable fuels company, in addition to being an investor. The equity investment was led by existing investors, as well as new investor Flint Hills Resources Renewables, LLC.

Renewable 170
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Dow and New Energy Blue partner on bio-based ethylene from corn stover

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Dow and New Energy Blue announced a long-term supply agreement in North America in which New Energy Blue will create bio-based ethylene from renewable agricultural residues. Dow’s share of these five projects will also lead to a reduction in its sourcing of fossil fuels and subsequent GHG emissions.

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Argonne and University of Illinois to form Midwest Hydrogen and Fuel Cell Coalition

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The states of Ohio, Michigan, Indiana, Wisconsin, Illinois, Minnesota, Iowa, Missouri, North and South Dakota, Nebraska and Kansas are home to a quarter of the US population and consume 30% of electric power generated in the US. As a consequence, the Midwestern states have some of the highest levels of renewable energy on their grids.

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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.

Renewable 150
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Ames Lab creates multifunctional nanoparticles for cheaper, cleaner renewable diesel

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Researchers at the US Department of Energy’s Ames Laboratory have developed bi-functional nanoparticles that perform two processing functions at once for the production of renewable diesel via the hydrogenation of oils from renewable feedstocks such as algae. Bio-hydrocarbons Catalysts Diesel Fuels' Kapil Kandel, James W.

Diesel 252