Calumet announces $1.44bn US DOE loan to support expansion

Oct 17, 2024  · The loan will support construction and expansion of a renewable fuels facility. (Credit: Pixabay) Calumet reported that the US Department of Energy’s (DOE’s) Loan …


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Calumet Announces $1.44bn US DOE Loan To Support Expansion

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Oct 17, 2024  · The loan will support construction and expansion of a renewable fuels facility. (Credit: Pixabay) Calumet reported that the US Department of Energy’s (DOE’s) Loan …

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Montana Renewables Announces Closing Of $1.44 Billion DOE …

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Initial loan proceeds of $782 million expected to be funded this month and balance of proceeds funded through planned construction period DOE loan guarantee facilitates expansion of …

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Calumet Closes $1.44B DOE Loan For Renewable Fuel Expansion

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Jan 14, 2025  · Calumet, Inc. CLMT recently announced the completion of a $1.44 billion guaranteed loan facility that had been awarded by the U.S. Department of Energy (DOE). The …

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Calumet Closes On $1.44 Billion Federal Loan; Tax Appeal Cases …

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Updated Jan. 14 with additional information from the Montana Tax Appeal Board Calumet announced on Jan. 10 that it had closed on its $1.44 billion guaranteed loan with the U.S. …

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Montana Renewables Announces Closing Of $1.44 Billion DOE …

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Jan 13, 2025  · The loan will fund the construction and expansion of the renewable fuels facility owned by Montana Renewables, LLC, an unrestricted subsidiary of Calumet. The expansion …

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Montana Renewables Announces Closing Of $1.44 Billion DOE …

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Jan 10, 2025  · The loan will fund the construction and expansion of the renewable fuels facility owned by Montana Renewables, LLC ("Montana Renewables" or "MRL"), an unrestricted …

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Montana Renewables Announces Closing Of $1.44 Billion DOE …

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Jan 10, 2025  · DOE loan guarantee facilitates expansion of Sustainable Aviation Fuel capacity to 300 million gallons per year INDIANAPOLIS , Jan. 10, 2025 /PRNewswire/ -- Calumet, Inc. …

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Montana Renewables Receives $1.44B For Renewable Fuels …

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Oct 18, 2024  · Calumet announced that the US Department of Energy (DOE) Loan Programs Office has approved a conditional commitment for a loan guarantee of up to $1.44 billion to …

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Montana Renewables Receives $1.44 Billion Conditional …

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Oct 17, 2024  · Calumet, Inc. has announced that the US Department of Energy Loan Programmes Office has awarded a conditional commitment for a loan guarantee of up to $1.44 …

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Montana Renewables Announces Closing Of $1.44-B U.S. DOE Loan …

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Jan 13, 2025  · Calumet, Inc. announced the closing of a $1.44-B guaranteed loan facility with the U.S. Department of Energy (DOE) Loan Programs Office (LPO). The loan will fund the …

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Montana Renewables Announces Closing Of $1.44 Billion DOE …

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INDIANAPOLIS, Jan. 10, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today the closing of a $1.44 billion guaranteed loan facility with …

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Montana Renewables Receives $1.44B Conditional Commitment …

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Oct 19, 2024  · Calumet, Inc. announced that the US Department of Energy (DOE) Loan Programs Office (LPO) has awarded a conditional commitment for a loan guarantee of up to $1.44 billion …

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Montana Renewables Announces Closing Of $1.44B DOE Loan …

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Jan 11, 2025  · DOE loan guarantee facilitates expansion of Sustainable Aviation Fuel capacity to 300 million gallons per year INDIANAPOLIS, Jan. 10, 2025 /PRNewswire/ -- Calumet, Inc. …

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Calumet Secures Massive $1.44B DOE Loan For Renewable Fuel …

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Jan 10, 2025  · Calumet (NASDAQ: CLMT) announced the closing of a $1.44 billion guaranteed loan facility with the U.S. Department of Energy for its Montana Renewables subsidiary. The …

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Calumet Arm Gets $1.44B Federal Loan For Renewable Fuels Push

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Oct 18, 2024  · Calumet, Inc. CLMT stock has gained almost 3% since the company made an announcement on Oct.16 that the U.S. Department of Energy (DOE) had awarded its …

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Calumet Says $1.44B DoE Loan Delayed By Trump Administration …

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Calumet (NASDAQ:CLMT) had been set to receive a first tranche of ~$782M from the government through the U.S. Department of Energy Loan Programs Office.The loan facility, …

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Calumet Closes $1.44B DoE Loan For Montana Renewable Fuels

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Calumet (NASDAQ:CLMT) +8.1% post-market Friday after saying it closed a $1.44B guaranteed loan with the U.S. Department of Energy's Loan Programs Office to build and expand the …

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Calumet Secures $1.44 Billion DOE Loan Guarantee For Renewable …

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Jan 10, 2025  · DOE Loan Guarantee for Renewable Fuels Expansion FAQ. Why is this newsworthy? Calumet, Inc. secured a $1.44 billion loan guarantee from the U.S. Department …

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Calumet Closes $1.44B DOE Loan For Renewable Fuel Expansion

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Jan 14, 2025  · Calumet, Inc. (CLMT Quick Quote CLMT - Free Report) recently announced the completion of a $1.44 billion guaranteed loan facility that had been awarded by the U.S. …

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With Its Multi-million Dollar Loan On Hold, Calumet Stays The Course ...

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Jan 30, 2025  · The funds, the first part of a $1.67 billion loan guarantee from the U.S. Department of Energy, will support Montana Renewables’ expansion of its biofuel plant in Great Falls. …

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FAQs about Calumet announces $1.44bn US DOE loan to support expansion Coupon?

Does Calumet have a DOE loan?

Calumet, Inc. CLMT recently announced the completion of a $1.44 billion guaranteed loan facility that had been awarded by the U.S. Department of Energy (DOE). The funding, designated for Renewable Fuels and Biomass Energy, will support its subsidiary, Montana Renewables. How Will CLMT Benefit From the DOE Loan? ...

Why did Calumet close a $144b loan?

Calumet (NASDAQ: CLMT) +8.1% post-market Friday after saying it closed a $1.44B guaranteed loan with the U.S. Department of Energy's Loan Programs Office to build and expand the renewable fuels facility owned by its Montana Renewables subsidiary. ...

Does Calumet have a loan guarantee?

Calumet announced that the US Department of Energy (DOE) Loan Programs Office has approved a conditional commitment for a loan guarantee of up to $1.44 billion to support the construction and expansion of a renewable fuels facility owned by Montana Renewables LLC. Montana Renewables is a wholly owned subsidiary of Calumet. ...

What is a Calumet loan?

The loan facility, which closed on January 10, would fund the construction and expansion of a renewable fuels facility in Great Falls, Montana, owned by Calumet (CLMT) subsidiary Montana Renewables. ...

What does Calumet's expansion mean for Montana renewables?

Calumet (CLMT) said the expansion will position Montana Renewables as one of the world's largest sustainable aviation fuel producers, enabling an increase in production capacity to 300M gal/year of SAF and 330M gal/year of combined SAF and renewable diesel. ...

Is Montana Renewables a subsidiary of Calumet?

Montana Renewables is a wholly owned subsidiary of Calumet. The expansion will solidify Montana Renewables ‘ position as a global leader in sustainable aviation fuel (SAF) production, with a projected capacity of approximately 300 million gallons of SAF and 330 million gallons of combined SAF and renewable diesel (RD) annually. ...

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