Auction of Tenaska Commodities’ Iowa biodiesel plant to close August 3

In Illinois, Aaron Equipment Company, on behalf of Tenaska Commodities, LLC, opened bidding on the assets of a Clinton, Iowa biodiesel plant on May 7. The auction has been taking place in conjunction with Reich Brothers, LLC, which specializes in complex asset dispositions and liquidity enhancements for companies undergoing structural changes. The sale marks Aaron Equipment Company’s second biofuels liquation this year and bidding is now in the homestretch. Interested buyers have until 5:00 p.m. Pacific Standard Time this upcoming Friday, August 3, 2018, to get in their bids. An asset purchase and sales agreement can be downloaded from Aaron Equipment’s website.