Abengoa gets $134M loan guarantee for cellulosic project in Kansas

08/22/2011 | American City Business Journals

The Department of Energy has issued a $133.9 million conditional loan guarantee to Abengoa Bioenergy's proposed commercial-scale cellulosic-ethanol plant in Hugoton, Kan., the company said. Construction on the project could start "in the very near future," Abengoa said. The plant is expected to churn out 23 million gallons of cellulosic ethanol per year as well as enough electricity to supply the facility.

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