Ensyn Affiliate Receives Conditional Commitment for US$70 Million Loan Guarantee from the US Department of Agriculture
NEW YORK, NEW YORK--(Marketwired - Dec. 10, 2015) - Ensyn Corporation (Ensyn) is pleased to announce that its affiliate, Ensyn Georgia Biorefinery I, LLC, has been granted a conditional commitment from the US Department of Agriculture (USDA) for a US$70 million loan guarantee (Loan Guarantee). This conditional commitment has been extended pursuant to the USDA's Section 9003 Biorefinery Assistance Program and is related to a cellulosic fuels production project to be located in the state of Georgia (the Project).
