Glacial Lakes Energy finalizes purchase of Advanced BioEnergy ethanol plants

December 25, 2019 |

In South Dakota, local radio reports that Glacial Lakes Energy has finalized its purchase of the ethanol plants formerly owned by Advanced BioEnergy in Aberdeen and Huron for $47.5 million, a deal first announced in August, bring Glacial Lakes’ total installed production capacity to 350 million gallons across four facilities. Though the deal was expected to close in late September, but the second deadline of year’s end was reached and the company has been operating the two facilities since December 19. No major changes are expected at the plants as a result of the change in ownership.

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Category: Fuels

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