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Global Clean Energy Holdings ( (GCEH) ) has provided an announcement.
Global Clean Energy Holdings has entered into an amendment to its senior secured term loan credit agreement, which includes an upsizing of commitments and recharacterization of loans, aimed at enhancing its financial flexibility. Additionally, Global Clean Energy Holdings announced the commercial operation of its Bakersfield Renewable Fuels Facility, which now produces approximately 250,000 gallons of renewable diesel daily. This significant milestone underscores the company’s commitment to delivering sustainable, low-carbon fuel and highlights its vertically integrated business model, positioning it to meet the growing demand for renewable energy.
More about Global Clean Energy Holdings
Global Clean Energy Holdings, Inc. is a vertically integrated renewable fuels company specializing in the development and cultivation of camelina, a nonfood, regenerative, intermediate oilseed crop, used for the production of advanced biofuels and biomaterials. The company operates a farm-to-fuels value chain, providing access to ultra-low carbon feedstocks and contributing to the sustainable fuels industry.
YTD Price Performance: 6.74%
Average Trading Volume: 9,097
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $47.67M
See more insights into GCEH stock on TipRanks’ Stock Analysis page.
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