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August 12, 2009 | Jim Lane | Comments 0

Agresti seeks $5 million for Kentucky waste-to-energy project after government earmark disappears

In Kentucky, Agresti Biofuels said that it was seeking to replace $5 million lost for its Pike County waste-to-ethanol project, when an earmark placed by Senator Jim Bunning was removed in a congressional budget review.

Agresti is seeking $5 million in private capital towards its $13 million phase one expense. Total cost of the project is $200 million, which will produce up to 20 Mgy of ethanol from municipal solid waste using a gravity pressure vessel technology that produces a net gain in potable water.

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