Iowa Power Fund Board Meeting

On February 10th, Mike Roth, Director of Biomass, and I met with the Iowa Power Fund (IPF) Board in Des Moines. The purpose of this trip was to review the project status with the Board. IPF,through the Iowa Office of Energy Independence, is a major supporter of Project LIBERTY and POET is very thankful for that support.

At the meeting, Mike and I reviewed the technology, feedstock, and financing progress. The Board asked many questions about the harvesting methods, corn cob removal, farmer incentives, and the Iowa State University research on soil nutrient impacts. The group also talked about the economic and job benefits that this project brings to Iowa.

In March, Iowa Office of Energy Independence representatives will participate with Department of Energy officials in LIBERTY design review meetings in Sioux Falls. The Board will continue to receive regular updates as the project moves forward.