Partners
New Rise Renewables Reno was developed and constructed with the top financial and strategic partners in the industry.
By forming a lender partnership with Greater Nevada Credit Union who is the largest financer of government-backed financing programs along with their project finance experience and knowledge, New Rise Renewables Reno was able to secure a USDA guaranteed loan to provide the necessary construction, startup, and operational capital for the new facility.
Greater Nevada Credit Union continues to support and market the low carbon goals and benefits of all renewable facilities, such as New Rise Renewables Reno.
New Rise Renewables Reno has partnered with BGN INT, an established global trading and logistics company, under a six-year supply and offtake agreement. BGN will supply 100% of the facility’s non-food feedstock and is the priority buyer for sustainable aviation fuel (SAF) and renewable diesel produced at New Rise Reno under a multiyear tolling and joint marketing agreement for the offtake of finished products.