Epitome Energy’s biodiesel plan set back a year after city’s loan deal falls through

June 25, 2019 |

In Minnesota, Epitome Energy’s hopes for a speedy build to its proposed soybean crushing and biodiesel production facility in Crookston has seen a setback following legal scrutiny on a $1.25 million interest-free loan agreed to by the city council. The loan would breech statutory limits on business subsidies for the community that has just $3 million in cash in the bank and would have provided the loan from its own accounts. The company expected the loan to allow it to break dirt on the project by 2020 but now that looks like 2021.

Category: Fuels

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