The Department of Agriculture Rural Housing Service awarded Eagle Rock Petroleum Corp. a $176,000 Project Grant under the Higher Blends Infrastructure Incentive Program (HBIIP) on January 10, 2022. The grant period runs through January 10, 2024. The HBIIP aims to expand the availability of domestic ethanol and biodiesel by incentivizing the expansion of sales of renewable fuels. This particular award will likely support Eagle Rock Petroleum Corp.'s efforts to increase infrastructure availability and sales of higher ethanol and biodiesel blends in Los Angeles, California, in line with the goals of the HBIIP program.
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