Montana Renewables - Department of Energy

Montana Renewables will expand its renewable fuels facility to scale up ... (DOE) Loan Programs Office (LPO) announced the closing of a $1.67 billion ($1.44 billion of principal and $233 million capitalized interest) loan guarantee to Montana Renewables, LLC (Montana Renewables). ...


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Montana Renewables - Department Of Energy

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Montana Renewables will expand its renewable fuels facility to scale up ... (DOE) Loan Programs Office (LPO) announced the closing of a $1.67 billion ($1.44 billion of principal and $233 million capitalized interest) loan guarantee to Montana Renewables, LLC (Montana Renewables). ...

energy.gov

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DOE Announces $1.67 Billion To Montana Renewables To …

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Jan 10, 2025  · Across all LPO’s programs, DOE has attracted 182 applications for projects across the country totaling over $278.9 billion in requested loans and loan guarantees, as of …

energy.gov

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Montana Renewables Receives $1.44 Billion Conditional …

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INDIANAPOLIS, Oct. 16, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today that the U.S. Department of Energy ("DOE") Loan …

prnewswire.com

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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 …

storageterminalsmag.com

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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 …

carbonherald.com

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Montana Renewables Receives $1.44 Billion Conditional …

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Oct 17, 2024  · Calumet Inc. announced Oct. 16 that the U.S. DOE Loan Programs Office has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to fund the …

biobased-diesel.com

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Montana Renewables Receives $1.44 Billion Conditional …

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Oct 22, 2024  · Calumet, Inc. announced that the U.S. Department of Energy Loan Programs Office has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to …

wasteadvantagemag.com

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Calumet Announces $1.44bn US DOE Loan To Support Expansion

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Oct 17, 2024  · Calumet reported that the US Department of Energy’s (DOE’s) Loan Programs Office (LPO) has provided a conditional commitment for a loan guarantee of up to $1.44bn to …

nsenergybusiness.com

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Montana Renewables Receives $1.44 Billion Conditional …

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Oct 16, 2024  · Montana Renewables Receives $1.44 Billion Conditional Commitment from DOE for Renewable Fuels and Biomass Energy Facility PR Newswire Wed, Oct 16, 2024, 4:47 PM …

yahoo.com

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Montana Renewables Receives $1.44-B Conditional Commitment …

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Oct 18, 2024  · Montana Renewables to expand SAF capacity by 300 MMgal/yr; Calumet Inc. has announced that the U.S. Department of Energy (DOE) Loan Programs Office (LPO) has …

hydrocarbonprocessing.com

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Montana Renewables Receives $1.44 Billion Conditional …

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Oct 16, 2024  · Montana Renewables to expand Sustainable Aviation Fuel capacity by 300 million gallons per year; INDIANAPOLIS, Oct. 16, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: …

ft.com

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DOE Announces $3bn For Gevo, Montana Renewables | SAF Investor

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Oct 21, 2024  · DOE announces $3bn for Gevo, Montana Renewables. opinion. by Fayaz Hussain. October 21, 2024. 0. Print this page. SHARE: ... The LPO’ s conditional commitments include …

safinvestor.com

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Mintz Advises US Department Of Energy LPO On Loan Guarantee …

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Mintz represented the US Department of Energy (DoE)’s Loan Programs Office (LPO) in its conditional commitment for a loan guarantee of up to $1.44 billion Montana Renewables, LLC …

mintz.com

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Calumet : Montana Renewables Receives $1.44 Billion Conditional ...

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Oct 22, 2024  · INDIANAPOLIS - (PR NEWSWIRE) - October 16, 2024 - Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today that the U.S. Department of Energy …

marketscreener.com

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Your Questions About Montana Renewables, (Partly) Answered

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Jan 11, 2025  · On January 10 the Montana Renewables parent company Calumet announced the closing of a $1.44 guaranteed Energy Department loan facility, enabling construction to move …

cleantechnica.com

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US Announces Nearly $23 Billion In Loans To Energy Utilities …

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Jan 16, 2025  · PacificCorp, a utility serving six western states, secured a conditional commitment for up to $3.52 billion for transmission lines that will boost the system's ability to send wind …

usnews.com

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Montana Renewables Receives $1.44 Billion Conditional …

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Oct 21, 2024  · Calumet, Inc. announced that the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") has awarded a conditional commitment for a loan guarantee of up to …

gfgazette.com

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DOE Announces $289.7 Million Loan Guarantee To Sunwealth To …

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Jan 16, 2025  · Across all LPO’s programs, DOE has attracted 182 applications for projects across the country totaling over $278.9 billion in requested loans and loan guarantees, as of …

energy.gov

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Utilities Await Clarity On DOE Loans As Decisive Court Battle Looms

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3 days ago  · The Biden-era LPO announced 53 deals totaling about $107.6 billion in financial commitments, $60.2 billion of which is finalized and $47 billion of which remains conditional.

utilitydive.com

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DOE Announces $1.66 Billion Loan Guarantee To Plug Power To …

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Jan 16, 2025  · Across all LPO’s programs, DOE has attracted 182 applications for projects across the country totaling over $278.9 billion in requested loans and loan guarantees, as of …

energy.gov

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LPO Announces Conditional Commitment To PacifiCorp To Expand ...

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Jan 16, 2025  · The U.S. Department of Energy’s Loan Programs Office (LPO) announced today a conditional commitment for a loan guarantee of up to $3.52 billion to PacifiCorp, an electric …

energy.gov

FAQs about Montana Renewables - Department of Energy Coupon?

Does LPO offer a loan guarantee to Montana renewables?

LPO has been considering Montana Renewables’ application since September 2022. The loan guarantee is offered through LPO’s Energy Infrastructure Reinvestment (EIR) program under Title 17 Clean Energy Financing Section 1706. ...

Will Montana renewables get a SAF loan?

The loan guarantee will fund facility expansion to produce about 315 million gallons per year of biofuels, most of which will be SAF. Once the facility reaches full capacity, Montana Renewables will be a leading global SAF producer, expected to produce about half of all North American SAF and about 12% of all global SAF through 2030. ...

Who is Montana renewables?

Montana Renewables is a leading renewable fuel company located in Great Falls, Montana. MRL produces Sustainable Aviation Fuel, Renewable Diesel, Renewable Hydrogen and Renewable Naphtha. As the largest SAF producer in North America (2024), MRL is dedicated to meeting the increasing demand for sustainable fuels and to supporting a greener future. ...

What did LPO do in 2024?

In 2024, LPO truly demonstrated its role as a tool to strengthen the United States’ energy economy, security and prosperity. This year was the most productive in LPO’s history. The Office closed 14 loans and loan guarantees in 2024 and submitted 15 additional deals for conditional commitments that did not reach financial close during 2024. ...

Is Montana Renewables a subsidiary of Calumet?

Montana Renewables is an unrestricted subsidiary of Calumet. The expansion would position Montana Renewables as one of the largest Sustainable Aviation Fuel ("SAF") producers globally with production capacity of approximately 300 million gallons of SAF and 330 million gallons of combined SAF and renewable diesel ("RD"). ...

How many loans did LPO close in 2024?

The Office closed 14 loans and loan guarantees in 2024 and submitted 15 additional deals for conditional commitments that did not reach financial close during 2024. LPO is now processing several deals per month and moving at the speed of business. ...

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