Calumet Montana Renewables receives $1.44B DOE loan for SAF expansion

The U.S. Department of Energy conditionally committed to a $1.44 billion loan guarantee for Calumet Montana's expansion of its Montana Renewables facility in Great Falls, Montana, to increase sustainable aviation fuel production from 140 million to about 315 million gallons annually. The expansion is expected to create 450 construction jobs and 40 operations jobs.

“The DOE has conditionally committed for a loan guarantee of up to $1.44 billion that if finalized by will help finance the expansion project to increase annual biofuel production.”theelectricgf.com

• 1 source
• theelectricgf.comCalumet announces $1.4 billion federal loan for expansion ...Jenn RowellOct 18, 2024

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