---
schema_version: "secwatch.filing_event.v1"
accession: "0002013745-25-000006"
form_type: "8-K"
ticker: "CLMT"
cik: "0002013745"
company_name: "Calumet, Inc. /DE"
filed_at: "2025-01-10T23:59:59+00:00"
generated_at: "2026-05-28T05:49:15.840193+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Calumet subsidiary closes $1.44B DOE loan guarantee for SAF expansion

## Summary
- Initial tranche of $782M expected to fund this month; Calumet to invest additional $150M equity.
- Expansion targets 300M gallons/year SAF capacity; combined SAF+RD capacity of 330M gallons/year.
- Second tranche disbursed during construction (2025-2028); 15-year tenor at U.S. Treasury + 3/8%.
- Servicing deferred until MaxSAF project commissioned; economic impact: 450 construction jobs.

## SEC filing metadata
- accession: 0002013745-25-000006
- form_type: 8-K
- ticker: CLMT
- cik: 0002013745
- company_name: Calumet, Inc. /DE
- filed_at: 2025-01-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013745/000201374525000006/0002013745-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013745/000201374525000006/clmt-20250110x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002013745-25-000006
- JSON: https://secwatch.observer/filing/0002013745-25-000006.json
- Plain text: https://secwatch.observer/filing/0002013745-25-000006.txt

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