NG METALURGICA BRAZIL VISITS CLEARWATER

This week we received a technical visit from NG Metalurgica Brazil in our offices in Clearwater, Florida.

Sergio Barreira, Director of Engineering and Fabio Zannata, Project Director for Turbines, came to review with our engineering team the equipment logistics for the upcoming project(s) in Florida and overseas.

During the visit, we received a presentation of their second generation Geared Reaction Steam Turbines and their new Ethanol Dehydration Unit (Sistema In Tech). These key new units deliver higher outputs and more efficiency than originally anticipated.

For additional information, please contact the company

DOE New Loan Guarantee Program

During July 2015 the US Department of Energy ("DOE") announced a new program for up to four billion dollars ( USD 4 Billion ) in loans guarantees, to support renewable energy efficiency projects located in The United States. The projects must avoid, reduce, or sequester green house gases.

The company believes the advanced Bio-fuel plants qualify for this program and will facilitate commercial debt financing in the execution of multiple plants.

For additional information please contact the company.

TERM SHEET Received for the Construction of up to 5 Plants in Florida

In June 22, 2015, the company received a Term Sheet from Clean Power Capital of Mill Valley, California.  The proposed funding facility is for the amount of $500 million in a combination of equity and long term debt, for the construction and development of up to five (5) Advanced Sweet Sorghum Bio-fuel facilities to be located in the State of Florida.

For additional information , please contact the company.