RE: News due?1 Oct 2020 09:14
Red Rock Biofuels
Lakeview Project Summary:
?RRB’s first project in Lakeview, Oregon is nearing completion and anticipates start-up in Spring 2021.
Project: Convert 136,000 tons of waste woody biomass into 15.1 million gallons/year of renewable fuels.
Site: Lakeview, OR is ideally situated in large wood basket, next to State Highway 395 and adjacent to short line rail feeding the UP mainline.
Process Design: World class - Incorporates three known technologies – gasification, Fischer- Tropsch, and hydroprocessing. Yields ASTM-approved fuels currently in use globally.
Fuel Offtakes: World class offtake partners.
Funding Sources: Project funded by a combination of bonds and equity.
Strong Management Team: Track record of delivering projects under budget, ahead of schedule, and producing over nameplate capacity. Developed/financed/built 8 renewable fuel plants; >$650 million in construction value; >325 million gal/yr.