---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-021101"
form_type: "8-K"
ticker: "AMTX"
cik: "0000738214"
company_name: "AEMETIS, INC"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:31:28.182032+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aemetis Biogas closes $25M USDA-guaranteed loan to fund digesters for eight additional dairies

## Summary
- Loan of $25M at 8.75% fixed for 5 years, 20-year term from Magnolia Bank, guaranteed by USDA.
- AB-2 phase fully funded with $25M debt plus $9.4M equity from Aemetis; expands from 7 to 15 dairies.
- Projected 400,000 MMBtu/year of carbon-negative RNG for transportation fuel replacing diesel.
- Three more REAP loans in process targeting $125M total 20-year debt for up to 65 dairies.
- First REAP loan of $25M closed nine months ago; cumulative $50M in USDA-backed financing.

## SEC filing metadata
- accession: 0001437749-23-021101
- form_type: 8-K
- ticker: AMTX
- cik: 0000738214
- company_name: AEMETIS, INC
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/738214/000143774923021101/0001437749-23-021101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/738214/000143774923021101/amtx20230730_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-021101
- JSON: https://secwatch.observer/filing/0001437749-23-021101.json
- Plain text: https://secwatch.observer/filing/0001437749-23-021101.txt

## Key facts
- Debt Financings
  AEMETIS, INC incurred credit facility of not to exceed $25 million with Magnolia Bank, Incorporated at 8.75% per annum to be adjusted every five years thereafter to be equal to the fi maturing July 28, 2043.
  - Instrument: credit facility
  - Principal: not to exceed $25 million
  - Counterparty: Magnolia Bank, Incorporated
  - Rate: 8.75% per annum to be adjusted every five years thereafter to be equal to the fi
  - Maturity: July 28, 2043
  - Event: incurrence
  source text: Lender has made available an aggregate principal amount not to exceed $25 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/738214/000143774923021101/0001437749-23-021101-index.htm
- Material Agreements
  AEMETIS, INC entered into Loan Agreement with Magnolia Bank, Incorporated valued at an aggregate principal amount not to exceed $25 million (effective 2023-07-28).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Magnolia Bank, Incorporated
  - Value: an aggregate principal amount not to exceed $25 million
  - Effective: 2023-07-28
  source text: On July 28, 2023, Aemetis Biogas 2 LLC, as borrower (“ Borrower ”) and Aemetis Biogas Holdings LLC, as guarantor (“ Guarantor ”), each a wholly owned subsidiary of Aemetis, Inc., entered into a Construction & Term Loan Agreement (“ Loan Agreement ”) with Magnolia Bank, Incorporated (together with its successors and assigns, the “ Lender ”). Pursuant to the Loan Agreement, the Lender has made available an aggregate principal amount not to exceed $25 million (the “ Loan ”) for the Borrower to borrow
  evidence_url: https://www.sec.gov/Archives/edgar/data/738214/000143774923021101/0001437749-23-021101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.