Neb. biofuels plant has a new owner, could reopen in 2011

Missouri-based Spectrum Business Ventures and its affiliates announced they have a deal to take over the assets of the idled E3 Biofuels plant in Mead, Neb. Before the plant entered bankruptcy, it used anaerobic digesters to convert cow manure into methane, which fueled corn-ethanol production. The private investment firm said it intends to reopen the plant next year.

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Lincoln Journal Star (Neb.) (tiered subscription model)

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