Environmental

Department of Energy Offers Abengoa Bioenergy a Conditional Commitment for a $133.9 Million Loan Guarantee

Groundbreaking Cellulosic Ethanol Project Expected to Create Over 300 Jobs and Build Nation’s Capacity for Cellulosic Ethanol Production

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Washington D.C.–(ENEWSPF)–August 19, 2011.  U.S. Energy Secretary Steven Chu today announced the offer of a conditional commitment for a $133.9 million loan guarantee to Abengoa Bioenergy Biomass of Kansas LLC (ABBK) to support the development of a commercial-scale cellulosic ethanol plant.  ABBK’s parent company and project sponsor, Abengoa Bioenergy US Holding, Inc., estimates the project will create…

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