Central Farmers Coop acquires former VeraSun 100 Mgy corn ethanol plant in South Dakota

In South Dakota, the Central Farmers Cooperative has acquired the former 100 Mgy VeraSun ethanol plant in Marion, and said that it will commence operation immediately at full capacity and will rename the plant NuGen Energy. Dougherty Funding, which provided the financing package to NuGen, acquired the plant in bankruptcy from VeraSun for a $93 million credit bid.

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