In California, Global Clean Energy Holdings, Inc. announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the Company’s Plan of Reorganization. Under the terms of the Plan, GCE will complete a comprehensive restructuring transaction that will simplify the capital structure, inject new liquidity to fund the go-forward business plan, and […]
In California, Global Clean Energy Holdings says its Bakersfield Renewable Fuels facility is commercially operational, producing approximately 250,000 gallons of renewable diesel daily. This critical milestone marks a significant step forward as the company begins delivering sustainable, low-carbon, and cost-efficient fuel to the market. The facility leverages patented, highly scalable nonfood camelina varieties to produce […]
In California, the Bakersfield Californian newspaper reports that although Global Clean Energy Holdings’ refinery conversion into renewable diesel should begin the start-up phase this month, there are doubts that the project that is a year behind and hundreds of millions of dollars over budget can make it to commissioning. The company has to restructure senior […]
