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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. Charles refinery near Norco, Louisiana.
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.,
Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. The company broke ground on its first biofuel production facility in Alexandria, Louisiana, on 26 February 2014.
Charles refinery near Norco, Louisiana. The partners expect that the proposed facility would principally convert waste grease—primarily animal fats and used cooking oil supplied by Darling—and potentially other feedstocks that become economically and commercially viable into renewable diesel. Earlier post.) Earlier post.).
The Novus plant will process agricultural waste into fuel, natural gas, organic fertilizer and other bio-based products. Novus will use waste from onion and potato processing plants, dairy manure, seasonal plant by-products and other waste supplied by local growers and processors as the primary feedstock.
USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. An additional project financed from these funds will be announced later this month.
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.
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.
Auction revenues may be used for the public good by allocating the allowance value to: households as dividends; financing investments and other public expenditures; and. Financing Investments and Other Public Expenditures. Allowance value can be used to finance government expenditures of various kinds.
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