USDA launches $100 million biofuels infrastructure grants

In Washington, U.S. Secretary of Agriculture Sonny Perdue announced the U.S. Department of Agriculture intends to make available up to $100 million in competitive grants for activities designed to expand the availability and sale of renewable fuels.

The Higher Blends Infrastructure Incentive Program (HBIIP) consists of up to $100 million in funding for competitive grants or sales incentives to eligible entities for activities designed to expand the sale and use of ethanol and biodiesel fuels. Funds will be made directly available to assist transportation fueling and biodiesel distribution facilities with converting to higher ethanol and biodiesel blends by sharing the costs related to and/or offering sales incentives for the installation of fuel pumps, related equipment and infrastructure.