Montana Renewables taps Citigroup to underwrite $250M in tax-exempt bonds

In Indiana, Calumet Specialty Products Partners, L.P. announced that its unrestricted subsidiary Montana Renewables, LLC has appointed Citigroup Global Markets Inc. to serve as lead underwriter in the proposed offering of $250 million of tax-exempt bonds to be issued by Cascade County, Montana. Montana Renewables is engaged in the production of SAF, Renewable Hydrogen, Renewable Diesel and Renewable Naphtha from qualifying solid waste and other feedstocks. The bonds are expected to be issued in the first quarter of 2023.