Agricultural News
Growth Energy Cheers Strong Retail Interest in USDA Biofuel Infrastructure Program
Thu, 20 Aug 2020 08:40:58 CDT
Growth Energy hailed the latest efforts of retailers seeking to expand biofuel options at the pump, with last week's close of the application period under the U.S. Department of Agriculture's (USDA) Higher Blends Infrastructure Incentive Program (HBIIP). Building on efforts through Prime the Pump, Growth Energy's unmatched network of retail partners submitted submitted grant applications for 293 sites, totaling $33 million for infrastructure projects to facilitate increased sales of higher biofuel blends.
"As COVID-19 restrictions are lifted and motorists begin returning to the roadways, our retail partners are excited to offer more drivers access to lower-cost, low-carbon biofuel blends," said Growth Energy CEO Emily Skor. "We're grateful to all the applicants, as well as our champions in Congress and USDA Secretary Sonny Perdue, for working with Growth Energy to ensure that HBIIP remains positioned to turbo-charge the installation of pumps and other infrastructure. With so many headwinds facing U.S. farmers and biofuel producers, the continued expansion of E15 and other biofuel blends offers a ray of hope that promises to drive rural growth for years to come."
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