USDA distributing $537 million in funding for biofuel infrastructure

The U.S. Department of Agriculture (USDA) is giving out $537 million in funding via the Higher Blends Infrastructure Incentive Program (HBIIP) for American biofuel infrastructure.

Those HBIIP funds are being released for over 540 projects across 29 states, the USDA said Monday as it announced the move.

The HBIIP seeks to "expand the production of domestic biofuels" like E15, E85 and B20 "by helping fueling stations install the pumps, storage containers, and other necessary infrastructure...