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Global Clean Energy Holdings, Inc. (OTCQB: GCEH) generates news coverage around its vertically integrated renewable fuels business built on proprietary camelina feedstocks and its Bakersfield renewable fuels facility. Company announcements highlight developments across its farm-to-fuel value chain, from plant science and contracted camelina acreage to renewable diesel production and financial restructuring activities.
News items for GCEH include updates on the commercial operation of the Bakersfield Renewable Fuels Facility and its production of renewable diesel and other renewable co-products from camelina. The company also issues releases on advancements in camelina breeding and herbicide-resistant varieties, which are intended to expand production areas and support farmer adoption of this nonfood, ultra-low carbon feedstock.
Global Clean Energy’s news flow features climate- and policy-related milestones, such as selection for and contracting under the USDA Partnerships for Climate-Smart Commodities grant program to lead the Climate-Smart Camelina Project. Additional coverage comes from collaborations with partners like EarthDaily Agro, Intelinair, Louis Dreyfus Company, and Bayer, focused on data-driven agronomy, regenerative agriculture, and camelina cultivation in multiple regions.
Investors and observers can also find corporate updates in GCEH news, including leadership transitions and the company’s decision to enter into a Restructuring Support Agreement and commence voluntary Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas. Together, these news releases provide context on Global Clean Energy’s operational progress, strategic partnerships, and capital structure initiatives within the renewable fuels and agricultural feedstocks space.
Global Clean Energy Holdings (OTCMKTS: GCEH), a vertically integrated renewable fuels company, has initiated a strategic financial restructuring by entering into a Restructuring Support Agreement (RSA) with key stakeholders. The company has voluntarily filed for Chapter 11 bankruptcy protection in the Southern District of Texas.
The restructuring plan includes $100 million in new debtor-in-possession financing and services from term loan lenders and CTCI Americas, Inc. The RSA has secured support from Vitol Americas Corp. as RCF lender, and approximately 96% of term loan lenders. The company plans to continue normal business operations and employee payments during the restructuring process.
The Chapter 11 plan, expected to be confirmed by August 2025, primarily involves equitizing term loan lenders and CTCI. The company has retained Kirkland & Ellis as restructuring counsel, Lazard as investment banker, and Alvarez & Marsal as financial advisor to navigate through this process.
Global Clean Energy Holdings (OTCQB:GCEH) announced its Bakersfield Renewable Fuels Facility is now commercially operational, producing approximately 250,000 gallons of renewable diesel daily. The facility has a design capacity of up to 210 million gallons annually and utilizes patented nonfood camelina varieties to produce renewable fuel that delivers up to 90% lower carbon and greenhouse gas emissions compared to petroleum-based diesel.
The facility also generates sustainable co-products including renewable propane and butane. The company is selling renewable fuels at its Bakersfield truck loading facility through a supply and offtake agreement with Vitol, Inc. GCEH's vertically integrated, farm-to-fuel business model enables operational efficiencies and production flexibility across multiple feedstocks.
Louis Dreyfus Company (LDC), Global Clean Energy Holdings, Inc., and Bayer have announced a strategic collaboration to promote camelina cultivation in Argentina as part of Bayer's PRO Carbono Program. This collaboration aims to drive decarbonization in the supply chain and promote sustainable agricultural production. Camelina is used as an ultra-low carbon feedstock for advanced biofuels production and is already being promoted in Argentina by LDC and Global Clean Energy. The partnership aligns with LDC's global sustainability strategy to contribute to climate goals by driving decarbonization and adopting regenerative agriculture practices. Global Clean Energy, a leading camelina producer, is dedicated to offering adaptable and high-yielding camelina varieties. The collaboration with Bayer's PRO Carbono program focuses on implementing sustainable agronomic practices to increase productivity, reduce emissions, and capture more carbon from the soil.
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The USDA has awarded Global Clean Energy Holdings, Inc. (OTCQB:GCEH) up to $30 million as part of its Climate-Smart Commodities grant program. This funding is designated for a pilot project focusing on camelina, a nonfood crop, to produce ultra-low carbon renewable fuels. The initiative aims to enhance carbon capture and promote sustainable farming practices. Global Clean Energy holds the largest camelina patent portfolio and engages farmers across key U.S. states to grow this crop, which will be processed at its California refinery.