BlueFire Ethanol Fuels, Inc. (OTCBB: BFRE) CEO Arnold R. Klann will
discuss BlueFire's patented, proven technology to profitably
convert urban green waste destined for landfills to ethanol at the
upcoming Bank of America Energy Conference at The Ritz-Carlton in
Key Biscayne, FL, on Friday, November 16, in a panel discussion at
11:25 a.m. and for an individual presentation at 1:25 p.m.
The conference will bring senior executives from more than 80
leading energy companies including BP p.l.c., ConocoPhillips,
Evergreen Solar, Inc., Halliburton Company, Occidental Petroleum
Corporation and Tesoro Corporation Inc. to speak directly to top
institutional investors.
"We are pleased that Bank of America is recognizing the value of
BlueFire Ethanol's ground-breaking work over the past 15 years by
inviting us to present alongside some of the largest and most
established leaders in the energy industry," said BlueFire Ethanol
CEO Arnold Klann. "This is a testament to the success of our
efforts in deploying BlueFire's proprietary technology that uses a
broad array of low-cost cellulosic waste feedstocks to make
economically viable and environmentally friendly cellulosic
ethanol."
As one of six awardees in the U.S. Department of Energy's program
to increase the use of renewable and alternative fuels, BlueFire
will receive $40MM as part of the $385MM grant program. The
agreement with the DOE equips BlueFire Ethanol with funding for a
commercial ethanol production facility using materials diverted
from landfills and designed to demonstrate the economic feasibility
and environmental superiority of producing ethanol from cellulosic
waste materials. BlueFire was also awarded a $1MM grant from the
California Energy Commission.
Most recently BlueFire was one of sixteen pre-applicants, out of a
total of 143, to submit a formal application under the loan
guarantee program which will provide federal loan guarantees for
clean energy projects and is expected to spur further investment in
these advanced energy technologies.
BlueFire's roll out strategy is to place bio-refineries on or near
landfills, thereby utilizing the incoming cellulosic stream as
feedstock and alleviating any food vs. fuel issues. By locating
bio-refineries directly in the markets with the highest demand for
ethanol, BlueFire Ethanol's technology can also help cities manage
landfill waste and prevent long-haul ethanol transportation
issues.
|
