Aemetis Receives Conditional Commitment from USDA for Riverbank, CA Cellulosic Ethanol Biorefinery

 Aemetis, Inc. (NASDAQ: AMTX) announced today that the USDA has issued a Conditional Commitment under the 9003 Biorefinery Assistance Program to guarantee a $125 million, 20-year loan to the Aemetis cellulosic ethanol plant to be built in Riverbank, California.

The Riverbank plant is designed to convert orchard, forest and other biomass waste into cellulosic ethanol with below zero carbon emissions.

By, Grainnet

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