USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet
Green Car Congress
SEPTEMBER 4, 2014
million grant by the US Department of Defense (DoD) to begin engineering and development on a plant to produce jet fuel. Fulcrum matched this DoD grant with $4.7 USDA awarded the first loan guarantee in 2009 to Sapphire Energy in New Mexico. In 2013, Fulcrum was awarded a $4.7-million Earlier post.). million loan guarantee.
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