Greenleaf Biofuels, LLC, has signed a $1.3 million grant agreement with the State of Connecticut that will enable the company to build an alternative feedstock biodiesel production facility in New Haven harbor.
Upon completion, which is scheduled for January 2010, the plant will be able to produce 6.7
million gallons of biodiesel annually from recycled waste materials,
such as used cooking oil.
The grant to Greenleaf is the largest of several announced by Connecticut late last year and is part of the State’s production facility program to directly support biodiesel production.
“Projects such as this biodiesel facility and companies like Greenleaf are critical components to the state’s economic future,” said Joan McDonald, commissioner of Department of Economic and Community Development (DECD) and chair of Connecticut Innovations. “Connecticut must continue to innovate and focus on developing new, cutting-edge jobs. We need to develop alternative sources of energy, breaking free from our dependence on foreign oil and using our natural resources more responsibly. These are key elements of a new economic development agenda that will lead the state in the next generation.”
Discussing the Greenleaf New Haven facility, Gus Kellogg, founder and CEO of Greenleaf, said: “The technology for building advanced biodiesel processing facilities is ready now to meet customer needs at prices competitive even at today’s suddenly lower fuel prices. In the future, we believe our products will become even more attractive to energy customers. That’s because, since the 1970’s when current energy supply and related environmental issues first emerged, fossil fuel prices have mostly trended upward.”
Greenleaf Biofuels develops, markets and distributes biodiesel fuels for home heating and motor vehicles. Founded in 2004, Greenleaf is headquartered in Guilford, Connecticut.
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