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Home » Finance » Solugen Secures USD 213.6 Million DOE Loan Guarantee for Bio-brd Chemical Plant in Southwest Minnesota
Bioenergy

Solugen Secures USD 213.6 Million DOE Loan Guarantee for Bio-brd Chemical Plant in Southwest Minnesota

By Piers HarrettJune 17, 20241 Min Read
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Credit: Solugen
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Solugen Inc has obtained a conditional commitment from the US Department of Energy (DOE) Loan Programs Office (LPO) for a loan guarantee worth USD 213.6 million (EUR 199.9 million). This financial support will aid in the construction of a new bio-based chemical products facility in Southwest Minnesota. Named Bioforge Marshall, the forthcoming 500,000-square-foot biomanufacturing plant

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