Covid relief for biofuel producers grants
Ended Project Grant Awarded
- Award ID
- CLSS00000072457
- Recipient
-
Absolute Energy, L.L.C. UEI FKV8DDLK8YQ6
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $32,075,063
Award facts
- Assistance listing
- 10.378 Biofuel Producer Program
- Completion date
- Funding
-
- $8,186,192.43 Federal
- $23,888,870.65 Non-federal
- Place of performance
- Iowa, USA
Award details come from USAspending.gov.
About this award
The Department of Agriculture Rural Housing Service awarded a $32,075,063 Project Grant to Absolute Energy LLC on May 5, 2022 through the Biofuel Producer Program (CFDA 10.378). The two-year grant will provide funding to support Absolute Energy's production of biofuels and offset unexpected market losses experienced due to COVID-19, as authorized under the Biofuel Producer Program. The Program aims to assist eligible biofuel producers facing financial strain from the pandemic through May 5, 2024. The grant to Absolute Energy LLC, located in Iowa, will support $32.1 million in biofuel production activities to overcome challenges brought on by COVID-19 disruptions through the Program's conclusion.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $24,807,658 | $24,807,658 | |
| Amendment | -$866,601 | -$866,601 | |
| Amendment | -$52,186 | -$52,186 | |
| Original award | -$15,702,678 | $0 |
Quick answers
Who received award CLSS00000072457?
CLSS00000072457 was awarded to Absolute Energy, L.L.C. by Rural Business Cooperative Services (Washington Office) on May 5, 2022.
How much is award CLSS00000072457 worth?
$32,075,063 has been obligated on CLSS00000072457: $8,186,192 in federal funding and $23,888,871 in non-federal funding.
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