EVGI buys 75% of German renewable energy park

July 25, 2012 |

In Florida, EcoVentures Group announced it had bought 75% of Germany’s Energiepark Suptitz for stock and $8.3 million in cash. EVGI plans to build a next generation biodiesel facility at the park in 2013 to capitalize on existing canola oil production on site. The company is also on track to open its 3.6 billion gallon biodiesel facility in Groveland, FL during the fourth quarter of 2012.

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Category: Fuels

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