Range Fuels raises $100 million for cellulosic ethanol plant in Georgia

In Georgia, Range Fuels has raised $100 million for its 100 Mgy cellulosic ethanol plant. The first phase of the plants operations would take its woodchip-to-ethanol process to 20 Mgy capacity. The company’s process converts solid waste into gas, which is then converted into alcohol. The process is similar to the Fischer-Tropsch process, first developed in 1920.

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