Terviva Receives Investment from Chevron Renewable Energy Group to Scale Renewable Pongamia for Biofuel Production Strategic relationship combines Chevron Renewable Energy Group’s industry knowledge and global reach with Terviva’s innovative, lower carbon agriculture practices to drive feedstock growth ALAMEDA, Calif. - (BUSINESS WIRE) - Terviva, Inc., an agricultural innovation company working with farmers to grow and harvest pongamia for food, feed and fuel, today announced its investment from Chevron Renewable Energy Group. Together, the two companies expect to scale Terviva’s pongamia-growing operations and drive greater availability of pongamia as a feedstock for renewable fuels production. The new arrangement signals Terviva’s strategic growth and global scalability as well as the advancement of pongamia as a lower carbon resource for biofuels production. “Increasing the availability of lower carbon feedstocks for renewable fuels production is going to be an essential component for continued growth of the biofuels industry,” said Jan Slaghekke, Vice President of Business Development and International Operations for Chevron Renewable Energy Group. “We are excited by the work Terviva is doing to scale the production of pongamia as a lower carbon feedstock for the biofuels industry and look forward to our relationship in helping this reach further commercialization.” Read More Originallly published on Business Wire by Terviva, Inc. Back