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September 24, 2009 | Jim Lane | Comments 0

GPC, Prodigy Capital announce 33 Mgy cassava ethanol plant for Colombia at CGI meeting

In Colombia, Prodigy Capital and GPC Group announced at the Clinton Global Initiative meeting in New York that they will finance and construct a $130 million 33 Mgy cassava-based ethanol plant using feedstock grown on marginal lands. The group announced that they will commence with a 2 Mgy cassava ethanol module and expand, as well as adding additional 33 Mgy plants as economic conditions permit.

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