In Maryland, Enviva Inc. has entered into two Restructuring Support Agreements: one RSA with an ad hoc group of holders representing approximately 72% of its senior secured credit facility, approximately 95% of its 2026 senior notes, approximately 78% of bonds related to its Epes, Alabama plant currently under construction, and approximately 45% of bonds related […]
In Germany, AUGA group, AB and its subsidiaries, which develop sustainable agricultural technologies and solutions, on Tuesday commenced the supply of biomethane gas through the natural gas system operated by the gas transmission system operator Amber Grid, AB. This green gas produced in Lithuania will be sold on the German market, which has the most […]
In Finland, Neste has completed its organizational change process, announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working. With the simplified organizational structure and operational model, Neste secures the […]
In Canada, Canadian canola growers will soon be able to benefit from new and expanding market opportunities for renewable fuel feedstocks linked to bioenergy with the new Cargill Power Canola program. Enrollment begins this month for the 2024 crop year. Canada’s Clean Fuel Regulations, the U.S. Renewable Fuel Standard, and the 2BS voluntary sustainability program […]
In Wisconsin, the Irish Independent newspaper reports ClonBio plans to invest another $400 million in its Jefferson, Wisconsin to build a biorefinery at the AztalanBio facility it purchased in 2022. The company has already invested $100 million in upgrading the facility to make it the state’s largest ethanol and grain processing plant in the state. […]
In California, Marathon Petroleum’s Vinvale and East Hynes fleets in California’s Los Angeles Basin have made a significant step toward reducing their carbon footprint and contributing to a cleaner future by transitioning both fleets entirely to renewable diesel. In 2023, two Marathon Petroleum Transport and Rail (T&R) fleets and two locomotives at the Marathon Petroleum […]
In California, Alto Ingredients, Inc. has entered into an exclusive nonbinding letter of intent and is nearing the execution of definitive agreements to develop a carbon capture and storage (CCS) project with Vault 44.01 (Vault) at Alto’s Pekin campus in Pekin, IL. The letter of intent provides that Alto will install equipment to capture carbon […]
In Australia, Jet Zero Australia has achieved a significant milestone by successfully receiving funding commitments of A$29 million. This is a crucial step towards advancing the engineering activities of Jet Zero Australia’s flagship Alcohol-to-Jet (ATJ) Sustainable Aviation Fuel (SAF) project, Project Ulysses, in North Queensland, Australia. Funding will also support advancement of other renewable fuel opportunities […]
In Texas, Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation, cementing their leadership positions in the sustainable space. The agreement extends the companies’ partnership in 2024 and sets the framework till December 2027, continuing their work on enhancing access […]
In Nevada, XCF Global Capital, Inc. and Focus Impact BH3 Acquisition Co. have entered into a definitive Business Combination Agreement dated March 11, 2024, which is expected to result in a newly formed holding company of XCF becoming a publicly-listed company on NYSE or Nasdaq. XCF Global intends to be a leading producer of SAF […]
