PLEASANTON, Calif., May 5, 2015 /PRNewswire/ — Fulcrum BioEnergy, Inc., announced today that it has awarded a $200 million fixed-price engineering, procurement and construction (“EPC”) contract to Abengoa for the construction of Fulcrum’s first municipal solid waste (“MSW”) to transportation fuels facility, the Sierra BioFuels Plant. The Sierra BioFuels Plant will utilize Fulcrum’s process for converting everyday household garbage that would otherwise be landfilled, into renewable syncrude that will be upgraded to jet fuel. Abengoa will construct Sierra under a fixed price contract that guarantees the schedule, start-up and performance of the plant.
“Abengoa is the seventh largest EPC company in the U.S. and is one of, if not, the premier engineering and construction firms in the renewables space. They have the demonstrated experience and capabilities and have stepped up and made the business commitments to get the job done for us,” said E. James Macias, Fulcrum’s President and Chief Executive Officer. “We are eager to add Abengoa to our team. Abengoa has the skill and horsepower to take our design and technology development and successfully turn it into an operating commercial plant,” added Macias.