Tag: REG

REG Geisman back online without any major damage from Hurricane Ida

REG Geisman back online without any major damage from Hurricane Ida

September 6, 2021 |

In Louisiana, Renewable Energy Group, Inc. issued the following statement from President and CEO, Cynthia ‘CJ’ Warner regarding the status of its renewable diesel plant located in Geismar, Louisiana following Hurricane Ida:  “We are grateful that all team members are safe and accounted for following Hurricane Ida. In advance of the hurricane’s landfall, our local […]

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Man United teams with Renewable Energy Group to promote biofuels

Man United teams with Renewable Energy Group to promote biofuels

July 22, 2021 |

In the UK, Manchester United has reinforced its commitment to environmental sustainability through a global partnership with Renewable Energy Group, Inc. with a shared mission to tackle climate change and create a cleaner world. The Club and Renewable Energy Group will work together to raise awareness of the company’s biofuel products and encourage positive environmental […]

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REG closes $550M private offering

REG closes $550M private offering

May 20, 2021 |

In Nebraska, Renewable Energy Group, Inc. has closed its previously announced private offering of $550 million aggregate principal amount of 5.875% senior secured notes due 2028 in a private placement pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The net proceeds from the private placement […]

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REG to offer $500M in secured notes to refinance green projects

REG to offer $500M in secured notes to refinance green projects

May 5, 2021 |

In Nebraska, Renewable Energy Group, Inc. intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of senior secured notes due 2028 in a private placement pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended. REG estimates that the net proceeds from this offering […]

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REG teams with Optimus Technologies to supply B100 in three key markets

REG teams with Optimus Technologies to supply B100 in three key markets

March 31, 2021 |

In Iowa, Renewable Energy Group fleet customers in Iowa, Washington, D.C. and Massachusetts are ramping up the use of B100 (100% biodiesel) in their fleets. Through a partnership with Optimus Technologies, REG is helping fleets achieve their sustainability goals and reach near-zero emissions.  REG is helping fleets achieve their sustainability goals with B100 not only […]

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REG to sell up to 5M shares raising $335M

REG to sell up to 5M shares raising $335M

March 17, 2021 |

In Iowa, Renewable Energy Group announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $67.00 per share. The size of the offering was upsized from 4,500,000 shares to 5,000,000 shares. The gross proceeds to REG from this offering, before deducting underwriting discounts and […]

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REG shares tips for picking the right cold weather biodiesel blend

REG shares tips for picking the right cold weather biodiesel blend

November 16, 2020 |

In Iowa, Renewable Energy Group shared tips for fleets as cold weather approaches many regions to help determine what the right biodiesel blend is for the winter, what properties to look for in the biodiesel, how easy is it to switch blends, and other tips. A common question Renewable Energy Group hears from fleet customers […]

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Monster on the Big Muddy: REG Geismar to expand renewable hydrocarbon production to 340 million gallons

Monster on the Big Muddy: REG Geismar to expand renewable hydrocarbon production to 340 million gallons

October 6, 2020 |

In Louisiana, Renewable Energy Group said it will undertake a capacity expansion of its Geismar, Louisiana biorefinery by 250 million gallons annually to 340 million gallons per year. This announcement follows a thorough review and site selection process. Construction should begin in mid to late 2021 with target mechanical completion date in late 2023. The […]

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REG breaks ground on wind turbine to power Albert Lea biorefinery

REG breaks ground on wind turbine to power Albert Lea biorefinery

September 22, 2020 |

In Minnesota, Renewable Energy Group broke ground on Monday for a single wind turbine that will provide power to the company’s biorefinery in Albert Lea, Minnesota. This project will provide locally sourced, clean electrical power, lowering the carbon footprint of the biodiesel plant. The project, to be constructed and operated by Minnesota-based Juhl Energy, will […]

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REG reports $546M revenues on 183M gallons of fuel sold

REG reports $546M revenues on 183M gallons of fuel sold

August 9, 2020 |

In Iowa, Renewable Energy Group, Inc. reported revenues for the second quarter 2020 were $546 million on 183 million gallons of fuel sold. Net income from continuing operations available to common stockholders was $1 million in the second quarter of 2020, compared to a net loss of $58 million in the second quarter of 2019. […]

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