Algenol Biofuel Receives $10 Million Grant For Bioethanol Power Plant In U.S.

Published: Feb 03 2010
Deal Summary

Algenol Biofuels, Inc., an ethanol producing company, received $10 million grant for Algenol bioethanol power plant project located in Lee County, United States. The project will schedule to commission its operations by the end of first quarter of 2010. The grant was provided by Government of Lee County. The company signed an agreement with the Lee County Board of Commissioners for the financing of the project.

Algenol will develop and expand its ethanol process to produce ethanol from algae.

You can receive detailed “Deals Analysis Alerts” delivered to you on a Monthly basis as part of GlobalData’s Clean Technology ResearchViews – sign up below to receive a FREE demo:
* Indicates Mandatory
*Name:  
*Company:  
*Email:    
*Country:  
*Phone Number:          
*Time Zone:  
Comments:

Send to friend

*Your EmailID:    
Message:
*Friend's EmailID: