March 10, 2014
BY Erin Krueger
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Sagepoint Logistics, a subsidiary of Sagepoint Energy, announced on Aug. 5 it has closed a senior secured financing with Power Sustainable Infrastructure Credit Manager L.P. (PSIC) to expand its dedicated truckload carrier fueled by RNG.
KLM, together with SkyNRG and invited guests, on Aug. 5 marked the start of construction of the first facility in the Netherlands fully dedicated to the production of sustainable aviation fuel (SAF).
Phillips 66 on Aug. 5 reported the company’s renewable fuel segment achieved significantly higher pre-tax income during the second quarter due to higher regulatory credits from higher pricing and renewable fuels production.
Par Pacific Holdings Inc. released second quarter financial results on Aug. 5, reporting its Hawaii renewable fuels facility ramped up production during the three-month period after commencing operations in April.
Total operable U.S. biofuels capacity increased slightly in May, with gains for ethanol, according to data released by the U.S. Energy Information Administration on July 31. Biodiesel and renewable diesel capacity were unchanged.