BioFuels Journal

Dubuque—Following an update presentation and tour for the Power Fund’s Smarter Sustainable Dubuque Initiative, the Iowa Power Fund Board approved funding for a new alternative energy project for the production of cellulosic ethanol during their meeting at the Grand River Center Wednesday afternoon.

Fiberight-Blairstown Operating, LLC was awarded a $2.9 million grant to demonstrate how non-homogeneous municipal solid waste (MSW) can be converted into cellulosic ethanol, bio-chemicals, and other processed fiber products using a proprietary biochemical technology on a highly cost efficient, commercial production scale.

With over $4.1million in leveraged funds the total project cost will be over $7 million.

Since its creation nearly three years ago, the Iowa Power Fund has fueled success for Iowans in all three of its intended areas: creating new jobs; drawing the attention of renewable energy companies and the private investments they bring; and the growth of an industry that has made Iowa a leader in cutting-edge, value-added agriculture.

The Power Fund has invested more than $40 million directly in 32 competitive projects, leveraging more than $270 million in energy research and development, early stage commercialization and education and information – all in the form of federal funding and private investment.

For additional program information please visit our website at: http://www.energy.iowa.gov, or call 515-725-0431.

See Related Websites/Articles:

• Iowa Power Fund
• Fiberight

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