Fundz

Calumet Completes Working Capital Funding For Montana Renewables

PRIVATENov 07, 2022

Round Type

Funding Round

Missoula

Description

Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) today announced the closing of two transactions that together fund the working capital needs of Montana Renewables LLC (MRL). A Supply and Offtake Agreement (SOA) with Macquarie Commodities and Global Markets provides inventory monetization for renewable feedstocks and products, as well as intermediation services connected with the purchase of renewable feedstocks. Simultaneously, a $90 million asset backed loan revolving credit facility (ABL) was executed with Wells Fargo Bank, NA, secured by accounts receivables and open blenders tax credit refunds.

Who to call at Montana Renewable Energy Association, and when

A new round usually means Montana Renewable Energy Association is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Montana Renewable Energy Association raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Montana Renewable Energy Association, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Montana Renewable Energy Association. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Montana Renewable Energy Association

Location

Missoula, Montana, United States

About

Montana Renewables is modifying existing assets at the Great Falls, Montana facility to process up to 15,000 barrels per stream day of renewable feedstocks (such as used cooking oil, distillers corn oil, tallow and seed oils) into low-emission sustainable alternatives including Renewable Diesel and Sustainable Aviation Fuel. RD and SAF address environmental concerns in hard to electrify industries, where few alternative decarbonization opportunities exist today, and are capable of reducing the carbon footprint by 50-70% or more versus incumbent fossil fuel products. MRL's finished products are fungible drop-in replacement fuels for diesel or aviation use, and are fully compatible with existing engine technology, distribution and fueling systems.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Montana Renewable Energy Association raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Montana Renewable Energy Association's next move

See what Strategic adds

Montana Renewable Energy Association raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.