Search...
US – Southern/DevvStream get fuel bond OK
I'm PortAI, I can summarize articles.
Southern Energy Renewables and DevvStream received approval from the Louisiana Community Development Authority to issue up to $402 million in revenue bonds for their biomass-to-fuel facility in St Charles Parish. The facility will produce methanol and sustainable aviation fuel using wood-waste biomass. The approval is a key milestone in project financing, with further steps including a volume-cap request and an executive order from the governor. The bonds are limited obligations payable from project revenues.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments