In September 2011, the Department of Energy issued a $132.4 million loan guarantee to finance Abengoa Bioenergy Biomass of Kansas (ABBK), one of the first commercial-scale biofuel plants in the United States, located about 90 miles southwest of Dodge City, Kansas.
ABBK uses an innovative enzymatic hydrolysis process to convert non-edible corn stalks, stems and leaves into up to 25 million gallons of ethanol per year. The project maximizes the use of agricultural crop residues that would otherwise remain idle, and utilizes feedstock that does not compete with feed grains.
ABBK created approximately 300 construction jobs, and is expected to support 65 permanent jobs.
ABBK is expected to produce enough clean fuel to save 14,900,000 gallons of gasoline and prevent 132,000 metric tons of carbon dioxide emissions each year. Additionally, the self-sufficient facility uses unconverted biomass to generate up to 21 MW of electricity that powers the cellulosic ethanol plant.
Abengoa, S.A. & Abengoa Bioenergy US Holding, Inc.
LOAN AMOUNT 1
ISSUANCE DATE 2
25 Million Gallons Annually
PROJECTED ANNUAL PRODUCTION
Up to 25 Million Gallons
PERMANENT U.S. JOBS SUPPORTED
U.S. CONSTRUCTION JOBS SUPPORTED 3
GALLONS OF GASOLINE SAVED ANNUALLY
CO2 EMISSIONS PREVENTED ANNUALLY
132,000 Metric Tons
** All information up-to-date as of June 2017.
1 Approximate amount of the loan facility approved at closing including principal and any capitalized interest.
2 Loan fully repaid in March 2015.3 Estimated at the time of closing.