Construction deal made for cellulosic ethanol plant
October 6, 2010
By Bluefire Renewables
Oct. 6, 2010, Irvine, CA and Coral Gables, FL – Bluefire Renewables Inc. has signed a construction contract for a cellulosic ethanol facility in Fulton, Mississippi.
Oct. 6,
2010, Irvine, CA and Coral Gables, FL – Bluefire Renewables Inc. has signed an
engineering, procurement, and construction contract for a cellulosic ethanol
facility in Fulton, Mississippi. The facility will be engineered and built by
Wanzek Construction Inc., a subsidiary of Mastec Inc., for a fixed price of
$296 million, which includes a $100-million biomass power plant. The contract
serves as the final key agreement to move forward with U.S. Department of
Energy and U.S. Department of Agriculture loan programs.
"Bluefire
now stands poised to finalize the government negotiations and affect the
financing and construction of this commercial-sized cellulosic ethanol
plant," says Arnold Klann, CEO of Bluefire Renewables.
Bluefire
will use green waste and wood waste available in the region as feedstock for
the ethanol plant, which has a planned production capacity of 19 million
gallons/year of cellulosic ethanol.
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