Tag: NEDAK Ethanol

NEDAK Ethanol suspends production

NEDAK Ethanol suspends production

June 19, 2012 |

In Nebraska, NEDAK Ethanol has temporarily suspended production of ethanol at the plant it operates in Atkinson in order to conduct its regular spring maintenance and to monitor the corn and ethanol markets. The company is still determining the impact the halt in production will have on its workforce and whether it will lay off […]

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NEDAK Ethanol completes financial restructuring

NEDAK Ethanol completes financial restructuring

January 26, 2012 |

In Nebraska, Ascendant Financial Partners completed a capital restructuring for NEDAK Ethanol that included the amendment of NEDAK’s credit agreements and the closing of a private equity offering, for the operator of a 44 million gallon ethanol plant in Atkinson, Nebraska. NEDAK’s restructuring consisted of amending its senior loan facility with AgCountry Farm Credit Services, […]

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