Integrated Green Energy Solutions Ltd (ASX: IGE) and its joint venture partner, GEP Fuel and Energy Indiana, LLC has finalised funding for the constriction of IGP Campden project.
- The project would be capable to processing auto shredder residual of 1,200 tonne per day.
- Residual would be processed into a range of fuels and products, including road ready diesel, road ready petrol, naphtha, marine fuel and marine diesel oil.
- Abu Dhabi Investment Authority has provided funding of USD 300 million for the project.
By 1:08 PM AEDT, IGE was trading at $0.165, down by 2.94% from the previous close.
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