Tag: fund

Missouri’s new governor aim to support biofuel producers fund

Missouri’s new governor aim to support biofuel producers fund

March 15, 2017 |

In Missouri, the state government is working with the legislature on a budget, a budget that could include $3.5 million funds for the agriculture department that would be directed towards the biofuel producers fund the previous governor tried and failed to cut back. Producers suffered extensive delays as lawmakers fought with the government to make […]

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Ontario’s ethanol producers fund may not be renewed in 2017

Ontario’s ethanol producers fund may not be renewed in 2017

May 5, 2016 |

In Canada, ahead of next year’s expiry of Ontario’s C$520 million Ontario Ethanol Growth Fund for producers, the subsidy scheme is coming under scrutiny due to allegations that the largest corporate donor to the province’s liberal party has received C$160 million in ethanol subsidies since 2007 when the fund first came online. The province’s premier recognizes […]

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Missouri still owes biodiesel producers $9.6 million from incentive fund

Missouri still owes biodiesel producers $9.6 million from incentive fund

February 11, 2016 |

In Missouri, the state’s soybean association is working with legislators to get the remaining $9.6 million in deferred payments from the Biodiesel Qualified Producer Incentive Fund out to producers no later than the 2017 state budget. The fund was approved in 2002 and the first payments were paid in 2007, but as funding for the […]

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Queensland premier proposes Biofutures Industry Development Fund

Queensland premier proposes Biofutures Industry Development Fund

February 10, 2016 |

In Australia, the Queensland premier announced development of a Biofutures Industry Development Fund that is meant to help first-movers in biofuels and the bioeconomy bridge the early stage funding gap in order to get to implementation. The funding facility will help cover the costs of due diligence processes so that investment-ready projects can access capital. […]

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Indonesian palm oil levy fund to receive about $337 million in 2015

Indonesian palm oil levy fund to receive about $337 million in 2015

July 15, 2015 |

In Indonesia, the fund developed to administer the levy collected on palm oil exports—about $337.36 million in 2015—is about ready to start operating. The levy goes into effect Thursday. The Indonesia Oil Palm Estate Fund is led by former deputy trade minister Bayu Krisnamurthi who estimates that the fund could generate upwards of $700 million […]

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South Dakota boosts fund $300,000 to help stations install ethanol storage tanks

South Dakota boosts fund $300,000 to help stations install ethanol storage tanks

March 4, 2015 |

In South Dakota, Governor’s Office of Economic Development has earmarked $300,000 to help retail gas stations install ethanol storage tanks, expanding the fund’s original aim to help offset costs for installing blender pumps. Retail stations can apply for both grant programs through the end of June.

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Greenergy sells 60% stake in co-gen to German fund

Greenergy sells 60% stake in co-gen to German fund

March 18, 2014 |

In the Philippines, Greenergy is selling its 60% stake in in Biomass Holdings, the investment company of San Carlos BioPower, to Germany’s ThomasLloyd Cleantech Infrastructure Fund. Biomass Holdings is developing an 18MW co-generation plant that is expected to come online in early 2015. It is co-located with a San Carlos Bioenergy ethanol facility.

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African Development Bank launches $100 million renewable energy fund

African Development Bank launches $100 million renewable energy fund

March 13, 2014 |

In Tunisia, the African Development Bank launched the African Renewable Energy Fund (AREF), a dedicated renewable energy fund focused on Sub-Saharan Africa closed on Wednesday, March 12, 2014 with US $100 million of committed capital to support small- to medium-scale independent power producers (IPPs). The fund, which will be headquartered in Nairobi, is targeting a […]

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