Synergy Solutions

Reopening and modernization of a shuttered recycling facility to provide 1) municipal waste recycling, and 2) ethanol produced from expired sugar-based beverages, such as soft drinks and alcohol.

Investment

  • NMTC Amount: $15,750,000
  • Total Project Cost: $17,815,376

IMPACT

  • 57 FTE jobs
  • 31 construction jobs

Investor

Project Description

Synergy Solutions, Cellulosic ethanol plant and recycling center: Synergy reopened and modernized an shuttered recycling facility to provide 1) municipal waste recycling, and 2) ethanol produced from expired sugar-based beverages, such as soft drinks and alcohol. Synergy is located in a rural low-income community with very high unemployment, and the closure of several major employers.

MAP

Address: 155 Landfill Road, Cordele, GA 3015

Census Tract: 13081010500

Other Georgia Projects

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In 2017, a $6,500,000 NMTC transaction financed the first phase of development of a business incubator for small businesses in the Pittsburgh neighborhood of Atlanta.
NMTC financing for an innovative sustainable forestry company whose operations include sawmills, wood pellets (for renewable energy), timberland and environmental remediation products.
NMTC financing supported called Elliott’s Walk, a partnership between NeighborWorks Columbus and First Baptist Church.