California authority backs $1.1 billion bond plan for Aemetis projects
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CPCFA Adopts Initial Resolution Supporting up to $1.1 Billion of Tax-Exempt Financing for Aemetis Projects
May 21, 2026 8:00 AM EDTCUPERTINO, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- Aemetis, Inc.(NASDAQ: AMTX), a diversified renewable natural gas and biofuels company, announced today that the Capital Programs & Climate Financing Authority (CPCFA) in California has adopted an Initial Resolution related to potential future issuance of up to $1.1 billion of tax-exempt bonds for Aemetis projects.
Adoption of the Initial Resolution meets federal tax requirements so that funds from any tax-exempt bonds issued by CPCFA can be used for qualified costs of Aemetis projects incurred after the date of the resolution and for certain prior development costs.
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