Worldway's latest news: The California AE Bioenergy Project is another high-quality project launched globally by Worldway after the successful sale of six major projects in May 2014. As the only chief agent worldwide, Worldway held a grand launch event for the California AE Bioenergy Project in Guangzhou on June 22. At the event, Mr. Eric McFeely, Chairman and CEO of AE Advanced Fuels, represented the U.S. project team and provided authoritative explanations.
The market demand for new energy projects is enormous, and the prospects are promising.
Mr. Eric McFeely, Chairman and CEO of AE Advanced Fuels, who traveled from the United States, first introduced the strong support from the U.S. federal government and the California state government for new energy. In 2010, to reduce carbon emissions and dependence on imported oil through ethanol-blended gasoline, the California government issued a directive: 10% ethanol must be blended into every gallon of gasoline sold. California's annual demand for ethanol will reach 1.5 billion gallons, while AE Advanced Fuels produces 60 million gallons annually, indicating a significant supply gap for ethanol production in California.
As the project party of the California AE Bioenergy Project, AE Advanced Fuels is the most advanced ethanol biofuel plant in the United States and the first company in the U.S. capable of producing ethanol from two different raw materials (corn and sorghum), significantly enhancing its ability to adapt to fluctuations in raw material prices. Ethanol is one of the new energy sources strongly supported by various levels of the U.S. government, which allows the California AE Bioenergy Project to quickly obtain approval from the U.S. Citizenship and Immigration Services (USCIS), and its employment model and employment data have also been recognized by the USCIS.
AE Advanced Fuels is a leading enterprise in the ethanol production industry, with promising future development, having already achieved profitability in the first quarter of 2014.
Why does Worldway recommend the I-526 approved project?
When investing in U.S. immigration, the choice of EB-5 projects is crucial. Why does Worldway recommend the California AE Bioenergy Project to investors? Wendy, General Manager of Worldway Guangzhou, conducted an in-depth analysis of the project. The California AE Bioenergy Project is a rare I-526 approved project, which means that as long as the investor's personal and family documents are in order, all applications will be approved, and the processing speed for all applications will be expedited. Currently, three investors have already had their I-526 applications approved through this project.
The employment model used in this project, IMPLAN, is recognized by the USCIS, with an employment surplus of 82%, meaning each investor creates 18.2 jobs, while only 10 jobs are required to obtain a permanent green card through the I-829 petition. Another highlight is that the entire investment can be returned in just four years, resulting in a short capital occupation time and significantly reduced risk. Additionally, a "safety valve" has been set for EB-5 loans, with project assets pledged at 2.9 times the amount of the EB-5 loan, and the parent company listed on NASDAQ provides full guarantees, laying a solid foundation for capital security.
In addition to EB-5 funds, the indirect shareholders of AE Advanced Fuels include world-renowned companies such as the Virgin Group, the Yucaipa Green Fund, which manages California's public employee retirement fund, and Third Eye Capital, which manages a large Canadian pension fund. It can be said that EB-5 investors are investing alongside business giants, reaping the reward of U.S. green cards for the entire family.
Edited by Worldway
