Last week, we held a webinar aimed at helping you get your board of directors, senior management team, investors and partners focused on the right winning strategy during a loan guarantee process such as Section 9003. The 2014 Farm Bill provides for support of Advanced Biofuels, Renewable Chemicals, and Biobased Product Manufacturing by providing loan guarantees for up […]
The Department of Agriculture needs no introduction, but within USDA Rural Development is the Energy Division takes a leading role on biorefinery loan guarantees. How does the process work, what are the deadlines, how are applications scored? What do I need? Deal Jeopardy – what are some common application pitfalls? These are just some of the questions answered […]
Project financing is the financing of infrastructure and industrial projects and relies primarily on the development of a project and its cash flow for repayment — but for a first commercial plant for a given technology, a USDA loan guarantee is going to be invaluable. This slide deck from Faegre Baker Daniels’s John Kirkwood outlines the “news […]
The Digest will host a free webinar on January 5, 2016 at 12 ET titled “Successfully financing advanced biobased projects via the USDA 9003 Loan Guarantee program.” Webinar participants include John Kirkwood of Faegre Baker Daniels and John May of Stern Brothers. For more information and to register, click here. This webinar answers some of […]
Leidos and Wester Trade Resources are sponsoring a webinar on Thursday, July 23 at 3:00 pm – 4:30 pm EST regarding the USDA 9003 Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. The USDA’s Section 9003 Program is designed to build the bridge for “first of a kind” comercialization for renewable chemical and biobased product […]
By Mark Riedy and Jim Lane This week in Washington, the Department of Energy’s Loan Program Office announced the Final RenewableEnergy and Energy Efficiency Projects Solicitation for its up to $4 billion loan guarantee program under Section 1703 of Title XVII of the Energy Policy Act of 2005. The Solicitation may be accessed by clicking […]
In Washington, the US Department of Energy Loan Program Office (DOE) has announced the Final Advanced Fossil Energy Projects Solicitation, which is a new $8 billion loan guarantee program under Section 1703 of Title XVII of the Energy Policy Act of 2005. The Solicitation would work also with a biomass/hydrocarbon fuels blend according to DOE. […]
In Washington, US Agriculture Secretary Tom Vilsack announced that the USDA has approved a conditional commitment for a $25 million guaranteed loan for the proposed Fiberight biorefinery, based in Blairstown, Iowa. USDA funding will be used to construct a 55,000 square foot facility that will produce cellulosic ethanol by converting municipal solid waste and other […]
Federal loan guarantees may be scuttled after the Solyndra affair – but should the baby really be thrown out with the bathwater? By Brent Erickson, Executive VP, BIO, Industrial Biotechnology & Environment Section Federal loan guarantee programs for bioenergy may be headed for demise – death by 1.2 trillion cuts. The recent Solyndra scandal is […]
In Kansas, the US Department of Energy has offered Abengoa Bioenergy a conditional commitment for a $133.9 million federal loan guarantee for the construction of its “first of a kind” commercial scale biorefinery facility to produce renewable liquid fuel from earth’s most abundant organic feedstock source – plant fiber, or cellulosic biomass. With the offer […]
