Global Clean Energy Holdings Inc (GCEH) Exchange: OTCQX

Global Clean Energy Holdings, Inc. is a leading developer of sustainable, non-food energy crops for use in biofuels. GCEH’s wholly owned subsidiary, Sustainable Oils, Inc., is the leading developer of camelina, a fast-growing, low input, dryland farmed rotation crop. As it is cultivated exclusively on unirrigated fallow or rotational land, camelina does not displace food or create indirect land use change. It also allows farmers to improve total farm economics through better overall asset utilization. Global Clean Energy Holdings recently secured $365 million in project-based, non-recourse debt financing to purchase and retool an oil refinery in Bakersfield, California to produce renewable diesel and other renewable fuels. Construction has begun and the bio-refinery it is expected to be fully operational in early 2020. Once production commences, the Bakersfield biorefinery, renamed Bakersfield Renewable Fuels (BKRF), will be the only integrated farm-to-tank renewable diesel producer of its kind that processes both camelina—a proprietary non-food, ultra-low carbon intensity and purpose-grown feedstock—as well as traditional biofuel feedstocks such as plant oils and waste products. At start-up, BKRF will be the largest biorefinery in the western United States and the second largest in North America.