Oklahoma Sustainable Energy cancels $100 million corn ethanol project, cites financing

In Oklahoma,  Oklahoma Sustainable Energy and Chaparral Energy have canceled plans for a $100 million corn ethanol project proposed for Blackwell. The companies cites financing conditions, while observers also cited high corn prices. The partners will return $8 million in equity to investors, including Oklahoma farmers who had looked to the project to provide a new market for their crop.

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