The BDO Zone Investment Coalition Announces $1 Billion of Deployable Capital for Biobased Projects Located In BDO Zones

The BDO Zone Investment Coalition Announces $1 Billion of Deployable Capital for Biobased Projects Located In BDO Zones
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TORONTO, April 22, 2021 /PRNewswire/ - The BDO Zone Investment Coalition today announces the mobilization of $1BB of capital for deployment into biobased infrastructure and manufacturing plants located in Bioeconomy Development Opportunity (BDO) Zones.
The BDO Zone Investment Coalition is a group of leading, independent biobased investors, capital markets, and associations that finance or promote the development of biobased projects that produce alternative ground and sustainable aviation fuels, renewable chemicals, bioenergy, and biogas.
BDO Zones are areas in both the U.S. and Canada with sustainable surpluses of biomass feedstock, strong capability, and appetite for biobased development and solid infrastructure to support new manufacturing plants. BDO Zones located in the U.S. are economically distressed regions where new investment is eligible for powerful federal tax incentives such as the New Market and Opportunity Zone tax credits.

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