Red Trail gets $25 million loan for its carbon capture project:

Red Trail Energy is among the latest North Dakota recipients of carbon capture funding, but this time the money comes from the U.S. Department of Agriculture’s Rural Development program. The loan is for $25 million and will be used to build a carbon capture processing and storage facility an existing ethanol manufacturing facility in Richardton, North Dakota. The cost of the project is an estimated $30 million. FULL STORY

McCoy CCUS Project ID: 75367

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