October 10, 2014
$91 Million Loan Guarantee To Louisiana Biofuel Plant
On October 3, 2014, Agriculture Secretary Vilsack announced that USDA reached an agreement with Silicon Valley Bank to provide a $91 million Biorefinery Assistance Program loan guarantee to Cool Planet for a biofuel plant in Rapides Parish, Louisiana. The money will help finance construction of the Cool Planet advanced biofuel plant. The USDA press release is available online.