In California, Fulcrum BioEnergy, Inc announced the completion of an interim financing to fund Fulcrum’s second waste-to-fuels project, culminating in the issuance by the Indiana Finance Authority of $375 million of Environmental Improvement Revenue Bonds through Fulcrum’s wholly owned subsidiary Fulcrum Centerpoint, LLC (Centerpoint). Proceeds from the offering will be held in escrow with the […]
In South Korea, SK and an undisclosed Korean private equity partners have invested $50 million in Fulcrum BioEnergy, the waste-to-fuels company now commissioning its first commercial project near Reno, Nevada. SK Inc. aims to make an inroad into the Korean bioenergy market with SK Ecoplant, another SK Group company, as a potential partner. SK Ecoplant […]
In South Korea, SK Inc., the strategic investment arm of South Korea’s SK Group, announced that it was part of a $50 million investment in Fulcrum BioEnergy Inc., a U.S.-based waste-to-fuels company. SK Inc. was joined in the investment with a Korean private equity fund. SK Inc. has been expanding investments in green businesses and […]
In California, Fulcrum BioEnergy, Inc. has completed construction on the world’s first commercial-scale plant converting household garbage into low-cost, zero-carbon transportation fuels. Through Fulcrum’s revolutionary process, the Sierra BioFuels Plant located east of Reno, Nevada, will convert 175,000 tons of prepared municipal solid waste (MSW) into approximately 11 million gallons of zero-carbon syncrude annually, which will […]
In the UK, Essar Oil (UK) Limited (Essar) has joined forces with Fulcrum BioEnergy Limited (Fulcrum) and Essar’s subsidiary company Stanlow Terminals Limited to create a new facility which will convert non-recyclable household waste into sustainable aviation fuel (SAF) for use by airlines operating at UK airports. This innovative bio-refinery will convert several hundred thousand […]
There is huge news for renewable diesel right now and not just with one company or one country. It’s a global ‘wahoo’ type of ‘holy cow, is this really happening’ news. The kind of news that you have to pinch yourself to make sure it’s not just a dream. But it’s real. By The Digest’s […]
In the United Kingdom, Johnson Matthey, alongside BP, signed an agreement with Fulcrum BioEnergy to license their Fischer Tropsch (FT) technology to support biofuels producer Fulcrum and their drive to convert municipal solid waste into biojet fuel. The simple to operate and cost advantaged FT technology can operate both at large and small scale to […]
In Nevada, NV Energy filed a request with state legislators to require Fulcrum Bioenergy to pay “impact fees” for Fulcrum’s biofuel plant which has applied to purchase power from an alternative electric provider. The impact fees include long-term recurring charges related to renewable energy projects and a $1.179 million lump sum payment. Fulcrum’s waste to […]
We have news you can use today on the subject of the most powerful, inevitable, fearsome, mysterious, taboo, and untouchable four-letter word in the advanced bioeconomy lexicon. Risk. The problem of Investor risk is ridiculously easy to understand and ridiculously hard to solve. If you think back to your own 401(k) or IRA for a […]
From California we received the news that Chicagoland has been selected as the site of Fulcrum BioEnergy’s second commercial-scale waste-to-fuels biorefinery. We reported last month that the long-awaited financing was completed for Fulcrum Bioenergy’s highly-anticipated first commercial project near Reno, Nevada. “Our bonds priced on the the 12th, and closed on the 27th and we […]
