In South Dakota, Heartland Grain Fuels closed on a $118 million financing deal. The company secured $98.7 million in senior debt and $19 million in junior debt. The package will refinance the company’s existing debt, provide working capital, and provide funds to complete Heartland Grain Fuels 40 MMgy expansion in Aberdeen, SD. Heartland is a subsidiary of Advanced BioEnergy (ABE). The original Aberdeen plant has a capacity of 8 Mgy of corn ethanol.
In South Dakota, VeraSun announced that it has received final approval for more than $231 million in debtor-in-possession financing that will allow the company to continue operations during the bankru...
In Oklahoma, Heartland Energy Group said that its Flex Fuel America subsidiary will open its first Heartland alternative fuel station in Broken Bow, Oklahoma. The town is a stop on the corridor betwee...
Fagen Inc., helmed by Ron Fagen, has been one of the hidden engines behind the expansion of the US ethanol industry. A list of their projects includes:
Abengoa Bioenergy Corporation – York, ...
In Illinois, two ethanol plant projects are stalled or canceled due to the recent downturn in ethanol margins or opposition by local officials.
In Iroquois County, the Global Renewable Energy plant...
Endicott Biofuels (EBF) announced that it closed a $40 million private equity financing for the construction of a "second generation technology" biodiesel plant.
Previously, Endicott was reported t...
In Iowa, the 100 Mgy Harvest Biofuels corn ethanol project planned for Garner has re-secured its financing, according to management. The company has previously lost its undisclosed major investor and ...
