Latest Fulcrum BioEnergy Inc. Stories

PLEASANTON, Calif., Nov. 30, 2012 /PRNewswire/ -- Fulcrum BioEnergy, Inc. announced today that it has successfully secured commitments and is proceeding toward closing financings totaling $175 million to fund construction of its first municipal solid waste ("MSW") to low-carbon fuels plant, the Sierra BioFuels Plant ("Sierra"), and to fund the development of future projects. Fulcrum President and Chief Executive Officer E. James Macias stated, "With our recent success in...

PLEASANTON, Calif., Aug. 6, 2012 /PRNewswire/ -- Fulcrum BioEnergy, Inc. announced today that the U.S. Department of Agriculture ("USDA") has awarded Fulcrum's Sierra BioFuels Plant a conditional commitment for a $105 million loan guarantee. With the loan guarantee finalized, the company will secure bank financing, which when combined with private equity capital provided by Fulcrum, will fully fund construction of the municipal solid waste to renewable transportation fuel...

HOUSTON and PLEASANTON, Calif., Nov. 18, 2011 /PRNewswire/ -- Waste Management, Inc. (NYSE: WM) today announced that it has closed an equity investment in Fulcrum BioEnergy, Inc. (Fulcrum). In connection with this investment, WM agreed to a secured loan facility that provides for WM's funding of up to $70 million for Fulcrum's proposed Sierra BioFuels plant upon the satisfaction of certain conditions. The parties also entered into a master project development agreement to...

PLEASANTON, Calif., Sept. 22, 2011 /PRNewswire/ -- Fulcrum BioEnergy, Inc., a producer of advanced biofuel from garbage, announced today that it filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. UBS Securities LLC will be acting as the book-running manager for the offering. The offering will be...

PLEASANTON, Calif., Feb. 18, 2011 /PRNewswire/ -- Fulcrum BioEnergy, Inc. announced today that its President and CEO, E. James Macias, will be speaking at the Renewable Fuels Association (RFA) 16th Annual National Ethanol Conference. Mr. Macias will participate in a panel discussion titled "Where Are We on the Road to Next Generation Biofuels Commercialization." The conference will take place at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona on February 20 - 22. Mr....

PLEASANTON, Calif., Jan. 25, 2011 /PRNewswire/ -- Fulcrum BioEnergy, Inc., a leader in the next generation of advanced biofuels, announced today that it closed a $75 million Series C financing. A portion of the financing will be used to fund the equity capital for the company's Sierra BioFuels Plant, a commercial-scale production facility designed to convert household garbage to clean, low-carbon ethanol, renewable electricity and other high value chemical products. "With this funding, we...

PLEASANTON, Calif., Jan. 6, 2011 /PRNewswire/ -- Fulcrum BioEnergy, Inc., a leader in the next generation of advanced biofuels, announced today that it has entered into a 15-year feedstock supply agreement with Waste Management of Nevada for the delivery of post-sorted municipal solid waste ("MSW") to Fulcrum's Sierra BioFuels Plant, the company's first commercial-scale production facility for converting waste into low carbon ethanol, renewable electricity and other high value chemical...

PLEASANTON, Calif., Jan. 6, 2011 /PRNewswire/ -- Fulcrum BioEnergy, Inc., a leader in the next generation of advanced biofuels, announced today an earlier arrangement to partner with Waste Connections of California, Inc., for the supply of post-sorted municipal solid waste ("MSW") to Fulcrum's Sierra BioFuels Plant, the company's first commercial-scale production facility for converting waste into low carbon ethanol, renewable electricity and other high value chemical products. "We are...

PLEASANTON, Calif., Nov. 16, 2010 /PRNewswire/ -- Fulcrum BioEnergy, Inc. announced today that the U.S. Department of Energy ("DOE") has selected Fulcrum's Sierra BioFuels Plant to enter the final phase of DOE's Loan Guarantee Program. Fulcrum has received a detailed indicative term sheet from DOE and has begun the negotiation process to advance the loan towards closure and funding. The Sierra BioFuels Plant will be located approximately 20 miles east of Reno, Nevada in Storey County. The...

PLEASANTON, Calif., Sept. 7 /PRNewswire/ -- Fulcrum BioEnergy, Inc., a leader in the next generation of advanced biofuels, announced today that engineering, procurement and construction (EPC) activities are underway for the company's Sierra BioFuels Plant (Sierra BioFuels). Fulcrum entered into a contract with a subsidiary of Fluor Corporation for the EPC services for the Sierra BioFuels project, a milestone plant that converts common household garbage into transportation fuel for cars and...