Hathaway Renewable Energy

United States
Leoma, Tennessee, United States, 38468

Company profile

Hathaway Renewable Energy company profile

Hathaway Renewable Energy (HRE) is undertaking a project that has a cellulosic bio diesel refinery and clean electricity plant that make synergistic use of the feedstock (railroad cross ties and municipal solid waste). Legacy technologies are being employed in a manner that lessens the technology risk. Use of railroad cross ties and municipal solid waste avoids the risk associated with using commodities based feedstock such as corn or soy beans. AECOM is currently conducting the FEED/FEP3 studies as the EPC. Off takers for the bio diesel are Marathon Oil and CountryMark. Duke Energy of Indiana is the off taker for the electricity. Term sheets are now being negotiated for contractual agreements. Duke is involved with HRE for the final site selection.

Business identity

Operating status
Active
Company type
For Profit
Employee range
1-10 employees
Founded
2006-01-01, Year

Headquarters

Postal code
38468
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
1
Last funding
Debt Financing / $1M / 2013-12-30
Founders
1

Founders and investors

Founders

Kevin W. Hathaway