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Company looking to build waste-to-jet-fuel plant in Gary pauses bond sale plans

Fulcrum Bioenergy s Nevada trash-to-fuel project defaults on bonds; Gary Centerpoint bond sale on hold

California-based Fulcrum Bioenergy’s plan to sell up to $500 million of tax-exempt environmental improvement revenue bonds through the Indiana Finance Authority for its planned Centerpoint Biorefinery in Gary is on hold after the company’s bonds for a similar plant in Nevada went into default. The news prompted criticism from local environmental activists, who have long questioned the efficacy .

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