Coskata signs LOI for the engineering, procurement and construction of its 1st commercial facility
23 June 2011
Cellulosic ethanol company Coskata, Inc. has issued a Letter of Intent (LOI) with Fagen, Inc. for engineering, procurement and construction (EPC) services for the construction of its commercial cellulosic ethanol facility in Boligee, Alabama, that will be designed around the Coskata technology.
Coskata Inc. combines gasification with the biological conversion of the resulting syngas into fuels or chemicals using anaerobic microorganisms and innovative bioreactor designs.
Fagen, Inc., the US. leader in construction of first-generation bio-refineries, and Harris Group Inc., a global leader in advanced biofuels engineering, will lead an EPC process that will include in its scope the project detailed design, procurement, construction and commissioning.
Coskata received a conditional commitment for a loan guarantee from the United States Department of Agriculture, and is working on the details that will be necessary to close the financing for the project. The facility will convert sustainably harvested wood biomass into ethanol, a high-octane renewable fuel, and is expected to bring approximately 300 construction jobs and 700 direct and indirect jobs to Greene County, Alabama.
Comments