Fulcrum secures USDA loan guarantee for biobased jet fuel project

By Staff | November 03, 2014

The USDA has awarded a $105 million loan guarantee to Fulcrum Sierra Biofuels LLC to support the development of an 11 MMgy facility to convert municipal solid waste (MSW) into jet fuel. The $266 million project, under development near Reno, Nevada, is expected to break ground this year and enter commercial production by the end of 2016.

The loan guarantee is being made under the USDA’s Biorefinery Assistance Program through the Bank of America N.A.

At the proposed facility, Fulcrum Bioenergy will produce syntheses gas from 147,000 tons of MSW and catalytically convert it to synthetic paraffinic kerosene/jet fuel through a proprietary technology.