What is the latest status of the project “Mississippi Poultry Waste-to-Biodiesel Facility”?

The status recorded for “Mississippi Poultry Waste-to-Biodiesel Facility” is defaulted.

What is the budget and commercial profile for the project “Mississippi Poultry Waste-to-Biodiesel Facility”?

Taiyo normalizes the budget of “Mississippi Poultry Waste-to-Biodiesel Facility” to USD 22000000.

Where can I verify the source and access all details for “Mississippi Poultry Waste-to-Biodiesel Facility”?

This Taiyo project page references Farm Progress along with the original URL (https://www.farmprogress.com/farm-business/chicken-fat-to-fuel-project-is-the-latest-green-muni-bond-to-default). Taiyo standardizes official data into a consistent, searchable project profile.

Mississippi Poultry Waste-to-Biodiesel Facility

Sector: Government • Location: Mississippi, United States

Source: Farm Progress

Project

Defaulted

A Mississippi facility that raised $22 million in securities to convert poultry waste into biodiesel has defaulted on its green municipal bonds. The bonds were sold by the Mississippi Business Finance Corp. in December 2022 on behalf of Alden Group Renewable Energy. The borrower failed to make a June 2 interest payment, marking the second green bond default in the municipal market this month.

Status: Failure
Sector: Government, Biomass, Raw Materials
Location: Mississippi, United States of America
Updated: 22 Jul 2026
Source: Farm Progress

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Project Information

4 Q

The project “Mississippi Poultry Waste-to-Biodiesel Facility” is an infrastructure initiative in the Government sector, located in Mississippi, United States. Taiyo aggregates data on it from Farm Progress.

Participants

Not available for this record.

Status

Original status	defaulted
Taiyo status	Failure
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	A Mississippi facility that raised $22 million in securities to convert poultry waste into biodiesel has defaulted on its green municipal bonds. The bonds were sold by the Mississippi Business Finance Corp. in December 2022 on behalf of Alden Group Renewable Energy. The borrower failed to make a June 2 interest payment, marking the second green bond default in the municipal market this month.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	Mississippi

Source

Source	Farm Progress
URL

More Details

Record type	Project
Sector	Government, Biomass, Raw Materials
Article published date	2025-06-18

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Mississippi Poultry Waste-to-Biodiesel Facility

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