Coskata signs LOI for the EPC of its cellulosic ethanol plant

Renewable energy company and technology developer Coskata has issued biorefinery developer Fagen with a letter of intent (LOI) for the engineering, procurement and construction (EPC) services for its commercial-scale cellulosic ethanol plant to be built in Boligee, Alabama, US.

Harris Group, a key player in advanced biofuels engineering, will lead the EPC process.

'Fagen and Harris Group will work together to provide a facility that will be unmatched in quality, cost and time to completion,' says William Roe, CEO of Coskata. 'We are confident that together with Fagen and Harris Group, we will demonstrate the value potential and long-term benefits of the Coskata technology in this exciting project.'

Three hundred construction jobs will become available when the plant breaks ground. When it is up and running it will produce cellulosic ethanol from woody biomass and create an additional 700 direct and indirect jobs.

Coskata is currently working to close the financing for its project; it has been awarded a conditional commitment for a loan guarantee for the United States Department of Agriculture (USDA).