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Abengoa-logo Fulcrum BioEnergy Awards Engineering, Procurement and Construction Contract to Abengoa
On May 5, 2015, Fulcrum announced that it had awarded an engineering, procurement and construction contract to Abengoa for the construction of the Sierra BioFuels waste to transportation fuels plant. Abengoa will construct Sierra under the fixed-priced contract that also includes cost, schedule and plant performance guarantees.Read More…
Biofuels Digest 2015 Fulcrum BioEnergy 5-Minute Guide
Fulcrum BioEnergy has developed a “game-changing process for converting municipal solid waste that would otherwise be landfilled, into renewable transportation fuels including syncrude, jet fuel and diesel”. The company has successfully proven and demonstrated this process for converting MSW to fuels utilizing its proprietary, innovative, clean and efficient thermochemical process. Fulcrum has secured long-term, fixed-cost MSW feedstock agreements with two waste services partners and has entered into fuel and product offtake agreements with Cathay Pacific Airways and a large oil refining company.Read More…
Fulcrum BioEnergy, the Navy and Cathay Pacific Awarded Partnership of the Year
Fulcrum BioEnergy’s U.S. Department of Defense Grant and Strategic Investment deal with Cathay Pacific earns it Biofuels Digest’s 2015 Advanced Bioeconomy Partnership of the Year.Read More…
How Does Lower Oil Prices Impact Fulcrum BioEnergy’s Business?
Fulcrum BioEnergy’s business model is designed to handle short and long term volatile oil markets. Fulcrum’s fixed, low cost of production allows its plants to be cash flow positive with oil below $30 per barrel, provide good returns with oil at $50 per barrel and extremely attractive returns with oil at $80 per barrel.
Fulcrum BioEnergy Awarded U.S. Department of Defense Grant
Fulcrum BioEnergy has been awarded a $70 million grant from the U.S. Department of Defense (DoD). The grant not only provides funding for Fulcrum’s first waste – to – fuels project, the Sierra BioFuels Plant, it also accelarates a large development program of larger plants that Fulcrum will build at locations across North America with the annual capacity to produce hundreds of millions of gallons of renewable transportation fuels.The commitment by the DoD is a strong endorsement of Fulcrum’s innovative, low-cost process for the production of a domestic source of renewable transportation fuels.Read More…
Fulcrum BioEnergy Selected for USDA Loan Guarantee
Fulcrum BioEnergy’s first waste – to – fuels project, the Sierra BioFuels Plant, was selected by the U.S. Department of Agriculture (USDA) for a loan guarantee that will support a $105 million loan being provided by Bank of America Merrill Lynch. The loan guarantee was announced by USDA Secretary Vilsack at the Nevada Clean Energy Summit in Las Vegas on September 4, 2014. The project debt backed by the USDA loan guarantee coupled with other private funding from financial and strategic investors, fully funds the construction costs of the Sierra BioFuels Plant. USDA’s commitment provides a vital link in the financing of Fulcrum’s innovative fuel technology.Watch Video Clip…
Fulcrum BioEnergy and Cathay Pacific Announce Strategic Investment
On August 7, 2014, Fulcrum BioEnergy announced that it had entered into a strategic relationship with Cathay Pacific Airways, one of the world’s premier airlines. This transaction included two key components that add significant value to Fulcrum’s waste to renewable fuels program, including an equity investment in Fulcrum by Cathay Pacific and a long-term jet fuel supply agreement providing Cathay Pacific with low-carbon jet fuel from Fulcrum’s North American plants.Read More…
Fulcrum BioEnergy Completes 120-Day Integrated Demonstration Run of MSW to Fuel
In July 2014, Fulcrum BioEnergy completed a 120-day deomonstration run of its integrated proess to convert municipal solid waste to Fischer-Tropsch (FT) fuel products. The process demonstration unit located in Durham, North Carolina, has validated Fulcrum’s thermochemical process which combines gasification technology with a FT fuel process for the efficient, low-cost production of renewable transportation fuels including jet fuel and diesel.

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