Fiberight lands strategic investor in drive to fund advanced biofuels project

In Maryland, Fiberight has secured funding from a new strategic investor which is part of a $27 million round it is currently finalizing and which could close by the end of April.

Part of the investment will support the development of a $42 million, 3 billion gallon per year utility-scale biofuel refinery Fiberight is developing in Iowa.

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