Montana Renewables LLC (MRL) has closed $50 million of project financing to build a renewable hydrogen plant to increase renewable diesel output from its Great Falls, MT, refinery. 

MRL’s parent company is Calumet Specialty Products Partners LP.

“Once complete, the renewable hydrogen plant will allow increased production of renewable diesel and further reduce the carbon intensity of products from MRL,” management said.

Stonebriar Commercial Finance LLC provided the project financing.

Acquired in 2012, the Great Falls refinery can process up to 30,000 b/d of crude oil into liquefied petroleum gas (LPG), naphtha, jet fuel, kerosene, ultra low sulfur diesel, and asphalt, according to Calumet. 

In addition to adding the hydrogen plant, MRL is constructing a feed...