Denver-based BioFuel Energy has finalized locations for three new ethanol production facilities.

According to a press release, the company is currently constructing its first two 115 million gallon a year ethanol plants in Wood River, Nebraska and Fairmont, Minnesota. Both are being built by TIC in association with Delta-T Corporation and are expected to be operational in the first quarter of 2008.

The Company indicated that the sites for its next three 115 million gallon a year facilities are in Alta, Iowa; Gilman, Illinois; and Atchison, Kansas. An alternate site is being prepared in Litchfield, Illinois.