USDA to provide $105M loan guarantee to Fulcrum Sierra Biofuels; municipal solid waste to ethanol
Green Car Congress
AUGUST 6, 2012
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. With the loan guarantee finalized, the company will secure bank financing, which when combined with private equity capital provided.
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