Calumet closes $1.44B DoE loan for Montana renewable fuels, biomass energy plant


Group of rows of green stacked biofuel drums in storage warehouse

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Calumet (NASDAQ:CLMT) +8.1% post-market Friday after saying it closed a $1.44B guaranteed loan with the U.S. Department of Energy’s Loan Programs Office to build and expand the renewable fuels facility owned by its Montana Renewables subsidiary.

Calumet (CLMT) said the expansion


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