Renewable Energy ups line of credit to $250 million, extends to 2026

By Wendy Van Sickle

Columbus, Ohio, Oct. 4 – Renewable Energy Group, Inc. extended and increased its line of credit with Wells Fargo Bank, Fifth Third Bank, and Bank of America to a maximum of $250 million, according to a news release.

The line of credit now matures in September 2026.

Previously, it was due to mature Sept. 30, 2021 and was sized at $150 million.

An accordion feature provides for $100 million of additional commitments.

Ames, Iowa-based Renewable Energy is a biodiesel producer.

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