Articles from Global Clean Energy Holdings, Inc.

Global Clean Energy Holdings, Inc. (OTCMKTS: GCEH) ("GCE" or the "Company"), a vertically integrated renewable fuels company, announced today it entered into a Restructuring Support Agreement (the “RSA”) with agreement and support from Vitol Americas Corp., as RCF lender, an ad hoc group of term loan lenders which holds approximately 96% of the term loans, and CTCI Americas, Inc. (“CTCI”). To facilitate the transactions contemplated under the RSA, the Company commenced Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas.

Global Clean Energy Holdings, Inc. (OTCQB:GCEH), a renewable fuels innovator and leading camelina producer, today announced that its Bakersfield Renewable Fuels Facility is commercially operational, producing approximately 250,000 gallons of renewable diesel daily. This critical milestone marks a significant step forward as the Company begins delivering sustainable, low-carbon, and cost-efficient fuel to the market.

Louis Dreyfus Company (LDC), Global Clean Energy Holdings, Inc., and Bayer announced today a strategic collaboration to promote camelina cultivation as part of Argentina Bayer's PRO Carbono Program, in line with the companies' efforts to drive decarbonization in the supply chain and, ultimately, more efficient and sustainable agricultural production.

Global Clean Energy Holdings, Inc. (OTCQB:GCEH), renewable fuels innovator and the world’s leading camelina supplier, today announced that founder Richard Palmer has notified the Board of Directors that he will retire as Chief Executive Officer. Palmer will remain a member of Global Clean Energy’s Board following his retirement. The Board of Directors has appointed current President Noah Verleun as Interim CEO.

Global Clean Energy Holdings, Inc. (OTCQB:GCEH) today announced key advancements to accelerate adoption of Camelina sativa (camelina) in areas with higher use of two key herbicide groups, Group 2 and Group 14. This development will allow the Company's patented camelina varieties to be planted in fields treated with residual herbicides, previously off-limits to planting of camelina.

Global Clean Energy Holdings, Inc. (OTCQB:GCEH) and the United States Department of Agriculture (USDA) have signed a contract for the Partnerships for Climate-Smart Commodities Grant for their Climate-Smart Camelina Project. With the signing, work can officially begin on their $30 million pilot project to measure and validate the advantages of Camelina sativa (camelina) as an ultra-low carbon nonfood renewable fuel feedstock.

Today the United States Department of Agriculture (USDA) announced Global Clean Energy Holdings, Inc. (OTCQB:GCEH) was selected for participation in the Partnerships for Climate-Smart Commodities grant program. The company was awarded up to $30 million for a pilot project to measure and validate the advantages of camelina as an ultra-low carbon renewable fuel feedstock. Altogether the program received over 450 applications for this initial funding pool.

Global Clean Energy Holdings, Inc. today announced that Founder and Chief Executive Officer Richard Palmer and President Noah Verleun will present a corporate overview at the Stifel 2022 Cross Sector Insight Conference on June 9, 2022 and participate in a fireside chat at the Cowen Next-Gen Fuel Summit on June 16, 2022. Both events will be available for virtual public viewing.

Global Clean Energy Holdings, Inc. (OTCQB: GCEH) has issued the following Letter to Shareholders providing an update on the company’s vertically integrated farm-to-fuel businesses, including recent acquisitions, partnerships, and strategic vision for future growth.

Global Clean Energy Holdings, Inc. (OTCQX: GCEH) announced today that it has entered into an agreement with UGI Corporation’s (NYSE: UGI) subsidiary, AmeriGas Propane (“AmeriGas”), the nation’s largest retail propane marketer, to purchase and distribute renewable LPG produced by GCEH. AmeriGas will leverage its supply and logistics infrastructure and sales and marketing teams to market and distribute GCEH’s renewable LPG to new and existing customers primarily in the state of California.

Global Clean Energy Holdings, Inc. (OTCQX: GCEH) is advancing its renewable diesel production through an agreement with ExxonMobil, which will invest $125 million with an option to acquire up to a 25% equity stake in the company. The investment, outlined in filings with the U.S. Securities and Exchange Commission, will help Global Clean Energy grow its proprietary camelina business in key farming regions in the United States and accelerate expansion into Europe and South America.

Global Clean Energy Holdings, Inc., (OTCQX: GCEH), a vertically integrated renewable fuels company, today announced that it has acquired Camelina Company España S.L. (CCE), Europe’s largest camelina crop innovator and seed producer headquartered in Madrid, Spain.

Sustainable Oils, Inc. a wholly owned subsidiary of Global Clean Energy Holdings, Inc. (OTCQX:GCEH), today announced the company has purchased 45 acres in Havre, Montana. The company is close to selecting its contractor to begin construction of the planned 600,000 bushel storage and rail loading facility for its proprietary camelina grain in the first-quarter 2022.

Global Clean Energy Holdings, Inc. (OTCQX: GCEH) announced that it has signed a Master Services Agreement with Pacific Gas and Electric Company (NYSE: PCG) under which PG&E will identify, design, and implement renewable generation and energy management projects at GCEH’s Bakersfield Renewable Diesel Refinery to help reduce the refinery’s operating costs and carbon footprint.

Global Clean Energy Holdings, Inc. (OTCQX: GCEH) has issued its Proxy Statement and Annual Report for its November 17, 2022 annual meeting of stockholders. The Annual Report contained the following Letter to Shareholders that provided shareholders with an update on GCEH’s vertically integrated Farm-to-Fuel businesses, including the status of the renovation of its renewable diesel refinery in Bakersfield, California.

Global Clean Energy Holdings, Inc. (OTCQX: GCEH), a vertically integrated renewable fuels company focused on expanding its proprietary Camelina production, today announced that it has changed its independent registered public accounting firm to Grant Thornton LLP (“Grant Thornton”).

Global Clean Energy Holdings, Inc. (OTCQX: GCEH) today announced that Sustainable Oils, Inc., its camelina feedstock subsidiary, is relocating its North American headquarters to a new state-of-the-art facility in Great Falls, Montana. This new facility will consolidate Sustainable Oils crop innovation programs, commercial grower support and executive and administrative activities at one location and will be fully operational by November 1, 2021.

Global Clean Energy Holdings, Inc. (OTCQX: GCEH), a fully integrated renewable fuels company, provides a mid-year corporate update of the first half of 2021. Additional financial information will be provided in the June 30, 2021 Quarterly Report on Form 10-Q.

Global Clean Energy Holdings, Inc. (OTCQX: GCEH), a vertically integrated renewable fuels company, is pleased to announce the appointments of Ms. Susan Anhalt and Ms. Phyllis Currie to its Board of Directors. The Company is adding the two independent directors to broaden its board-level expertise and to move a step closer to achieving the requirements for a future Nasdaq stock listing.