Fuel Forward: The Digest’s 2019 Enhanced Multi-Slide Guide to Renewable Energy Group

Chad Stone: As I’ve mentioned in the past, we have set aside cash for the 2019 convertible bonds that are maturing in June. We have $65 million to $75 million remaining of budgeted CapEx this year, excluding any large renewable diesel projects. We continue to prioritize our highest-impact projects while exercising fiscal prudence. Our effective tax rate for 2019 is expected to be less than 1%. Going forward, we expect our tax rate to continue to be less than 5% for the foreseeable future, and our blended average interest rate is less than 4%.

Now I’ll turn the call back to CJ to discuss the outlook. CJ?