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Liberty Renewable says proposed 121 Mgy plant in Michigan still a go, despite financing woes

May 28, 2008

In Michigan, Liberty Renewable Fuels denied rumors that the 121 Mgy corn ethanol plant project would be canceled, and said that it had stopped construction to raise more capital for the $233 million facility and had encountered delays due to financing conditions. The company has raised $30 million in equity from farmers and other private investors.

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    Written by Jim Lane · Filed Under Producer News 

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