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Brightmark Energy closes $260M in financing for first US commercial-scale waste-plastics-to-fuel plant; ULSD and naphtha

Green Car Congress

Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.

Waste 268
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Enerkem raises C$59M in latest financing round; Valero Energy joins, Waste Management increases investment

Green Car Congress

Waste to biofuels and chemicals company Enerkem announced the closing of C$59 million (US$60 million) in financing. As part of this financing, Valero Energy Corp. joins existing investors Waste Management, Rho Ventures, Braemar Energy Ventures and Cycle Capital, who have each invested in the new equity round.

Financing 225
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Enerkem raises C$15M in project equity financing for its commercial waste-to-biofuels facility in Alberta

Green Car Congress

Waste Management and EB Investments are investing C$15 million (US$14.6 Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. The Enerkem Alberta Biofuels facility will use the City of Edmonton’s landfill-bound waste to create renewable fuels and chemicals locally.

Financing 218
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Waste-to-biofuels company Enerkem raised C$50 million in latest financing round

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Canada-based waste-to-biofuels company Enerkem Inc. million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 With its proprietary technology, Enerkem converts non-recyclable municipal solid waste into methanol, ethanol and other widely used chemical intermediates. gasification.

Financing 210
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. In the gasification island’s catalyst-bed chamber, plasma torches generate such high temperatures (3500 ºC - 4000 ºC), that the waste feedstock disintegrates into its molecular compounds, without combustion ash or toxic fly ash.

Waste 345
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Mayor of London announces £70M+ green fund to finance low carbon waste and recycling infrastructure

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The Mayor of London, Boris Johnson, announced an innovative fund totalling at least £70 million (US$114 million) which will finance low carbon waste and recycling infrastructure. The London Green Fund is the first UK fund to combine European, public and private finance to invest in environmental infrastructure.

London 199
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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a leading waste-to-biofuels and chemicals producer, has completed a C$280-million (US$223 million) investment round—its largest to date. In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. Canada-based Enerkem Inc., Earlier post.).

Waste 199