Empire Diversified closes $40 million bonds to fund recycling plant

By Marisa Wong

Los Angeles, June 8 – Empire Diversified Energy, Inc. announced that wholly owned subsidiary Empire Green Generation, LLC has closed on its financing of $40 million through the sale of solid waste disposal facilities revenue bonds (Empire Green Generation, LLC Project) series 2023 with the West Virginia Economic Development Authority.

This financing will be used to complete the construction of a recycling plant at the company’s riverfront complex in Follansbee, W.Va.

The plant will recycle plastics and other recyclable waste products into renewable electricity for the port and its surrounding area.

Empire is a Fort Lauderdale, Fla.-based company offering recycling, logistics, energy production and remediation services.

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