Fulcrum Bioenergy Receives New Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=304638b1-d33d-4c41-8170-84b8ef3b001f - Date
8/11/2014 - Company Name
Fulcrum Bioenergy - Mailing Address
4900 Hopyard Road Pleasanton, CA 94588 USA - Company Description
Fulcrum is a privately held company focused on developing, owning and operating clean, environmentally responsible facilities designed to convert municipal solid waste and other waste products to renewable transportation fuels. - Website
http://www.fulcrum-bioenergy.com - Transaction Type
Venture Equity - Transaction Amount
Undisclosed - Transaction Round
Undisclosed - Proceeds Purposes
Cathay Pacific has also negotiated a long-term supply agreement with Fulcrum for an initial 375 million US gallons of sustainable aviation fuel over 10 years (representing on an annual basis approximately 2% of the airline’s current fuel consumption) that meets all the airline’s technical requirements and specifications. Fulcrum plans to commence construction of its first commercial plant later this year and to build large scale, waste-to-renewable jet fuel plants at multiple locations, including locations strategic to the Cathay Pacific network, primarily in North America. - M&A Terms
- Venture Investor
