Big Horn Basin Ethanol closes $45 mln in financing for Wyoming plant

In Wyoming, Big Horn Basin Ethanol has closed $45 million dollars in construction financing for an ethanol plant in Greybull.

Under the agreement, which was originally announced last month, BHBE will lease and operate the plant, which will be owned by Bronte Renewable of Ontario. The 25 Mgy plant is scheduled to open in September 2009. He said the plant would produce up to 25 million gallons of ethanol a year.
The plant has attracted criticism owing to an in-town location, amidst support for creating 33 jobs in the town of 1800 and diversifying the agricultural economy.

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