Grant & Loan Awards: Treutlen County


EDGE

Treutlen County

EDGE Fund: $6,250,000

Awarded: 10/05/2007

Applicant: Treutlen County Development Authority


Description:
EDGE funds for equipment acquisition and street improvements to locate a cellulosic ethanol plant in Treutlen County. Range Fuels, Inc. (RFI), a privately held company headquartered in Colorado, focuses on the development of alternative, clean (green) energy systems, including the conversion of biomass materials into fuel-grade ethanol. RFI plans to construct a highly modular, scalable cellulosic ethanol plant on 110 acres in the Treutlen County industrial park near Soperton. The Company will convert pine tree scraps and other biomass into ethanol, to be used as a commercial alternative to fossil-based fuels. At full production, the plant will produce about 40 million gallons of ethanol and nine million gallons of methanol annually. As feedstock, it will use approximately 1,200 tons per day of wood residue with a preference for utilizing wood waste from nearby timber harvesting operations. RFI will create 69 new jobs for the Treutlen County area. This project is in competition with other unnamed states.


Total Budgeted Project Cost: $225,324,000


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