Scoular sells part of interest in Kansas ethanol plant to California investors

In Kansas, the Scoular Company announced the December sale of a portion of its ownership interest in a 55-million gallon ethanol plant in Pratt.  Scoular sold a portion of its interest in Pratt Energy, LLC, to Pratt Biofuel Investors, LLC (PBI), which has related ownership to Calgren Renewable Fuels. Scoular remains a part owner of Pratt Energy and will continue to operate the grain facility as well as procure all feedstock and provide distillers grains marketing services for the ethanol plant. Terms of the transaction were not announced.