California Ethanol + Power agrees 15-year exclusive ethanol marketing contract with CHS

In California, California Ethanol + Power announced an exclusive 15-year contract was awarded to CHS Inc. to market and sell the 68 million gallons of Essential EthanolTM to be produced annually by the Sugar Valley Energy campus located in California’s Imperial Valley.

Sugar Valley Energy will be a 160-acre multi-plant campus consisting of sugarcane-to-ethanol, sugarcane to low-carbon power plus biomethane and wastewater treatment facilities. Once production reaches full capacity, Sugar Valley Energy is designed to produce 68 million gallons of ultra-low carbon, fuel-grade sugarcane ethanol each year. This Essential EthanolTM will be mixed with gasoline for cleaner-burning fuel.

Construction financing for Sugar Valley Energy is expected to be in place in the new year, with groundbreaking getting underway soon. Ethanol production is set to begin in 2023.