In Texas, Waste Management announced that it has closed an equity investment in Fulcrum BioEnergy. 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.
Monday, November 21, 2011
Waste Management Invests in Fulcrum, Provides $70 Million Debt for First Commercial Project
Waste Management Invests in Fulcrum, Provides $70 Million Debt for First Commercial Project: In Texas, Waste Management announced that it has closed an equity investment in Fulcrum BioEnergy. 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.
In Texas, Waste Management announced that it has closed an equity investment in Fulcrum BioEnergy. 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.
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