Welcome to our dedicated page for Global Clean Energy Hldgs news (Ticker: GCEH), a resource for investors and traders seeking the latest updates and insights on Global Clean Energy Hldgs stock.
Global Clean Energy Holdings Inc (GCEH) delivers innovative biofuel solutions through sustainable agriculture and advanced feedstock development. This dedicated news hub provides investors and industry professionals with essential updates about the California-based renewable energy leader.
Access curated press releases and announcements covering strategic initiatives, including crop research breakthroughs, partnership developments, and operational expansions. Our repository ensures you stay informed about GCEH's progress in sustainable oils production and large-scale jatropha cultivation projects.
Key updates include earnings reports, regulatory filings, technology innovations, and international expansion news from Mexico's Yucatan operations. Discover how GCEH's subsidiary Sustainable Oils, LLC advances camelina-based products while maintaining environmental stewardship.
Bookmark this page for real-time access to verified corporate communications. Check regularly for insights into GCEH's role in shaping renewable energy markets through eco-conscious agricultural practices and biofuel research excellence.
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.
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.
FAQ
What is the current stock price of Global Clean Energy Hldgs (GCEH)?
What is the market cap of Global Clean Energy Hldgs (GCEH)?
