Fulcrum BioEnergy, Inc., a Pleasanton, California-based company that focuses on developing, owning and operating efficient, environmentally responsible facilities for converting municipal solid waste and other waste products to a low-cost, reliable and environmentally clean renewable transportation fuel, closed a $75m Series C financing.
A portion of the capital will be used to fund the company’s $120m Sierra BioFuels Plant, a commercial-scale production facility designed to convert household garbage to clean, low-carbon ethanol, renewable electricity and other chemical products.
When construction is complete in late 2012, the Plant will have the capacity to convert post-sorted MSW into ethanol, renewable electricity and propanol and provide the Reno market with environmentally clean source of transportation fuel.
Fulcrum il led by President and CEO E. James Macias.
FinSMEs
25/01/2011