Fulcrum Secures $175Mil for Municipal Waste to Biofuels Plant

Fulcrum BioEnergy secured commitments and is proceeding toward closing $175M in financing to fund construction of its first municipal solid waste to low-carbon fuels plant, which is expected to be completed in 2015. $105M of the $175M is a USDA loan guarantee, with the balance coming from bank financing and private equity capital.

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