Delays by companies who bought KiOR equipment hindering site investment

May 17, 2016 |

In Mississippi, Georgia Renewable Power and Renewable Energy Group have been slow in removing the equipment they bought at auction in October from the former KiOR facility which is hampering sale of the site to foreign investors from Russia, India and another Asian country who individually want to take it over. The equipment was meant to be removed from the site before the end of 2015 to facilitate development of other projects but time has dragged on so long that two of the three potential investors has pulled out.

Category: Fuels

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