The Sun Also Ryzes: Ryze Renewable secures financing, heads for commercial-scale advanced biofuels in Nevada

Today, we’d like to share news that a new biorefinery for diesel and jet fuel has finalized $112.6 million loan, backed by a USDA loan guarantee.

This is Ryze Renewables, which will construct its biorefinery in Storey County, Nevada. The  new refinery is scheduled to open in the second quarter of 2019. Production capacity has not been confirmed, but latest reports based on permitting applications pegged the capacity at 40 million gallons per year