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Dec 15, 2011 · By. Kevin Bullis. December 15, 2011. This month, Range Fuels, one of the first companies in a wave of startups that promised cheap biofuels made from sources such as wood chips rather than...
Range Fuel officially closed down in late 2011 with a foreclosure sale of its plant held on 3 January 2012. The facility was sold to New Zealand-based start-up LanzaTech in 2012 for $5.4 million and renamed the Freedom Pines Biorefinery.
Dec 6, 2011 · 19. Range Fuels is officially done, dead, finito. After the firm failed to perform, the government pulled the plug, forcing the biofuel company to liquidate its lone factory in order to try to...
- Derek Mead
The fear is that the failure of Range will cause the government to exit the business of issuing loan guarantees altogether, cutting off one of the few financing lifelines that has remained viable in the global project finance slowdown. How much assistance did Range Fuels receive?
In Colorado, Range Fuels confirmed to a variety of media outlets that it had made layoffs in Colorado and Georgia, and will shut down its Soperton, Georgia plant after an initial ethanol demonstration run in order to raise more capital and “tackle technical problems.”
Fulcrum BioEnergy shut down its flagship waste-to-fuel plant in May. Alex Howard looks at the implications for the waste gasification industry, and how other first-of-a-kind developers can reassure investors moving forward
In January, the Digest reported that Range Fuels had made layoffs in Colorado and Georgia, and would shut down its Soperton, Georgia plant after an initial ethanol demonstration run in order to raise more capital and “tackle technical problems.”
