Tag: BioFuel Energy Corp

Biofuel Energy confirms notification of lenders selling plants to GPRE

Biofuel Energy confirms notification of lenders selling plants to GPRE

November 26, 2013 |

In Colorado, Biofuel Energy Corp. confirmed that is has been notified by the lenders under its existing senior secured credit facility that they have exercised their right under their Deed In Lieu of Foreclosure Agreement to acquire the company’s ethanol plants.  It was also informed that an entity formed by the lenders for such purpose […]

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Biofuel Energy Corp idles ethanol plant following soaring corn prices

Biofuel Energy Corp idles ethanol plant following soaring corn prices

September 25, 2012 |

In Minnesota, Biofuel Energy Corp announced plans to idle its Fairmont ethanol facility due to soaring corn prices and lowering margins following this year’s considerable drought. The plant is located in Buffalo Lake and capable of producing 115 million gallons of ethanol per year. The company plans to keep its comparably sized plant in Wood […]

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Greenlight Capital boosts investment in BioFuel Energy Corp.

Greenlight Capital boosts investment in BioFuel Energy Corp.

September 11, 2012 |

In New York state, David Einhorn’s $6.4 billion investment fund Greenlight Capital has boosted its shares in BioFuel Energy Corp. by 2% to 36.2%. The company currently has 43 investments. BioFuel Energy has two 110 million gallon ethanol plants in the Midwest.

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Gevo and BioFuel Energy sign biobutanol agreement

Gevo and BioFuel Energy sign biobutanol agreement

July 27, 2012 |

In Massachusetts, Gevo and BioFuel Energy Corp have signed a collaboration agreement to explore the large-scale production of biobutanol. As a result of the announcement, BioFuel Energy stock shot up 35% on Tuesday. Before the turnaround after the announcement, the company was trading at a 52-week low. Read more here.  

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