Mintz represented the US Department of Energy (DoE)’s Loan Programs Office (LPO) in its conditional commitment for a loan guarantee of up to $1.44 billion Montana Renewables, LLC (Montana Renewables, or MRL). Montana Renewables is an unrestricted subsidiary of Calumet (NASDAQ: CLMT). The loan guarantee, if finalized, will help finance the expansion of a renewable fuels facility in Great Falls, Montana, that will utilize vegetable oils, fats, and greases to produce sustainable aviation fuel (SAF), renewable diesel (RD), and renewable naphtha (RN). 

The Mintz team was led by Member Paul Dickerson, Project Development and Finance Chair Ayaz Shaikh, Member Kris Kirkwood, and Of Counsel Lyndon Plothow.

More information about the Montana Renewables project is available here.

The Mintz Energy & Sustainability team is committed to advancing innovation, transforming infrastructure, and scaling solutions integral to business success and a thriving planet. Led by Co-Chairs Tom Burton and Sahir Surmeli, and comprising Projects & Infrastructure Chair Ayaz Shaikh and Member Paul Dickerson, the team includes 15 core members and 50+ industry-leading attorneys and professionals across legal disciplines. As one of the first law firms to develop a practice focused on energy and sustainability innovation, Mintz has helped clients complete 800+ transactions over nearly two decades, with more than $30 billion in investment value raised. The practice currently serves 250 clients spanning the climate tech, energy transition, sustainable infrastructure, and green industrial sectors. More information is available here.

About Mintz

Mintz is a legal powerhouse and business accelerator serving leaders in private equity, energy, and technology. The world’s most innovative companies trust Mintz to provide expert advice, protect and monetize their IP, negotiate deals, source financing, and solve complex legal challenges. The firm has over 600 attorneys across offices in Boston, Los Angeles, Miami, New York, Washington, DC, San Francisco, San Diego, and Toronto.