In Florida, Blue Biofuels announced the signing of an agreement to acquire 35.5 acres of land in Frostproof, Florida, marking a significant milestone in the company’s commercialization efforts. The site will house a production facility designed to produce an initial 3 million gallons of biofuel annually. The infrastructure and available land can support future expansion to 100 million gallons per year of cellulosic ethanol and 100 million gallons per year of SAF. The property is also strategically located in the proximity of The Port of Tampa, which will facilitate efficient logistics by rail and road for biofuel transportation. Blue Biofuels is working closely with Global Management Partners (GMP) to develop the design and engineering plans for the first phase of the facility. The construction phase will generate approximately 150 jobs with additional permanent high-skilled roles once the facility becomes operational. Construction of the facility, capable of converting 3 million gallons of ethanol to SAF annually is expected to begin in 2025.
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