ICM subsidiary signs agreements to manage to ethanol plants

In Minnesota, Energy Management Solutions Inc., a subsidiary of ICM Inc., announced two new signed plant management agreements with Red River Energy LLC in Rosholt, South Dakota, and Midwest Renewable Energy LLC in Sutherland, Nebraska.

The Red River Energy ethanol plant will come back online and into full production this week after sitting idle for the past 18 months. The plant has a current operating capacity of 25 million gallons per year. The Midwest Renewable Energy plant is currently operating at a capacity of 22 million gallons per year.  Both management agreements were signed in August.