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A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. —Randall C.
a gasification-based drop-in advanced biofuels company ( earlier post ), has agreed to purchase about 1,200 acres of land near Alexandria, Louisiana, for the planned construction and operation of its first production facility. Sundrop Fuels, Inc., Chesapeake invested $155 million in Sundrop Fuels last summer.
Completion of the transaction with Tyson Foods, which is contingent upon the closing of REG’s December 2013 announced agreement to acquire substantially all of the assets of Syntroleum Corporation, would give REG full ownership of Dynamic Fuels and its 75-million gallon per year nameplate capacity renewable diesel biorefinery in Geismar, Louisiana.
Syrah Technologies , Phase 3 Expansion of Syrah’s Commercial-Scale Natural Graphite Active Anode Material Facility in Vidalia, Louisiana, $219,820,610. Construction is expected to begin in 2023, subject to permitting and project financing, with first production targeted for 2025. Gabriel, Louisiana, $100,000,000.
The US Development FinanceCorporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.
Darling International and a subsidiary of Valero Energy Corporation are taking initial steps towards the formation of a joint venture to build a facility capable of producing more than 10,000 barrels/day or (135 million gallons per year) of renewable diesel on a site adjacent to Valero’s St. Charles refinery near Norco, Louisiana.
BP and Verenium Corporation have formed a 50-50 joint venture to develop and commercialize cellulosic ethanol from non-food feedstocks such as energy cane and energy grasses. Earlier post.). The joint venture company will initially be based in Cambridge, Massachusetts.
The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. BP intends to finance this deferred consideration through equity issued over the duration of the installments. On completion, $5.25
Having worked for car dealerships, manufacturers, an auction house, and an auto finance company, I’m convinced there is no other industry that attracts& such a diverse cast of characters. I first met& “Perry” at a Honda dealership& in Louisiana in 1986. Their names have been changed to protect the guilty.
The US International Development FinanceCorporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory. This $500 million in financing reflects the increasing strength of our partnership with India – DFC’s largest market and a like-minded partner with a dynamic private sector.
Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. On-site blending pumps, in lieu of splash blending, are used for this test.
The corporate plans to faucet the Section of Power’s Complex Era Cars Production mortgage program, which expanded with the passage of the Inflation Relief Operate in 2022. This system now trade in $412 billion in low-interest loans to firms onshoring the build of fuel-efficient automobiles and their elements.
Renergie was formed for the initial purpose of raising capital to develop, construct, own and operate a decentralized network of ten modular-designed small advanced biofuel manufacturing facilities (SABMFs) in the parishes of the State of Louisiana which were devastated by hurricanes Katrina and Rita. ]. Donovan, CEO of Renergie, Inc.
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