Wednesday, October 4, 2023
Courthouse News Service
Wednesday, October 4, 2023 | Back issues
Courthouse News Service Courthouse News Service

Loan Guarantees Adopted|for Rural Biorefineries

WASHINGTON (CN) - Rural electric companies considering construction of commercial biorefineries may be able to secure 90 percent guarantees on loans up to $125 million, under interim U.S. Department of Agriculture rules.

The guarantees also are good for retrofitting existing facilities using certain technology for developing advanced biofuels.

The loan guarantees are authorized by the Farm Security and Rural Investment Act of 2002. The interim rules were adopted by the Department of Agriculture's Rural Business-Cooperative Service and Rural Utilities Service.

Click the document icon for this regulation and others.

Categories / Uncategorized

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.