Former Indian River ethanol plant to be converted in eco-district

In Florida, a consortium of investors and project developers led by Frankens Energy has recently acquired the Indian River Bio-Refinery in Vero Beach and is currently initiating plans to convert the site into an innovative Eco-District. Once completed, the project aims to become one of Florida’s largest integrated eco-districts, harmoniously integrating a series of businesses, all focused on nurturing and supporting environmental sustainability, employment and education within the local community.

The Indian River Eco-District is being developed at an enviable location, in that over $200 million of infrastructure capital was recently deployed at the site to build an industrial biofuels production plant, including on-site power generation equipment and a physical interconnection to Florida’s electricity grid. The site also benefits from substantial availability of land that can be used to operate a series of sustainable businesses, and it is also located adjacent to the Indian River landfill, which manages the emissions of its landfill waste gases that could one day be used productively as a renewable fuel to generate clean power for the local community.