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August 4 , 2021 REG Renewable Energy Group Reports Second Quarter 2021 Financial Results and Advances Geismar to Construction Phase Q2 2021 Highlights 163 million gallons of fuel sold 132 million gallons of fuel produced Revenues of $ 816 million • Net income available to common stockholders of $ 79 million , or $ 1.62 per diluted share • Adjusted EBITDA of $ 103 million • Raised $ 550 million of gross proceeds from green bond offering • Carbon reduction from REG - produced fuels in the quarter of over one million metric tons Post - Quarter Announcements : • Progressed into construction phase of Geismar improvement and expansion project • Announced global partnership with Manchester United Football Club AMES , lowa -- ( BUSINESS WIRE ) -- Renewable Energy Group , Inc. ( " REG " or the " Company " ) ( NASDAQ : REGI ) today announced its financial results for the quarter ended June 30 , 2021 . The Company also announced that its Board of Directors approved moving forward with construction that will enable both expansion of and improvements to the Company's Geismar , Louisiana renewable diesel biorefinery . The project is on track to be mechanically complete in 2023 with full operations in early 2024 . Revenues for the second quarter 2021 were $ 816 million on 163 million gallons of fuel sold . Net income available to common stockholders was $ 79 million in the second quarter of 2021 , compared to net loss of $ 2 million for second quarter 2020. Adjusted EBITDA was $ 103 million in the second quarter of 2021 , compared to $ 6 million for second quarter 2020 . " Our flexible feedstock capabilities , diverse production fleet , and commercial optimization systems helped us to manage through the volatile market conditions of the second quarter and deliver strong financial results , " said Cynthia ( CJ ) Warner , President and Chief Executive Officer . " This solid performance , alongside our successful navigation of the many external challenges of the past year , reinforces our optimism about the future . "