u.s. deparment of agriculture

Press Releases

DOE Offers Conditional Commitment for a $105M Loan Guarantee for Cellulosic Bio-Refinery

U.S. Energy Secretary Steven Chu today announced the offer of a conditional commitment for a $105 million loan guarantee to support the development of the nation’s first commercial-scale cellulosic ethanol plant. Project LIBERTY, sponsored by POET, LLC, will produce up to 25 million gallons of ethanol per year and will be located in Emmetsburg, Iowa.