A company seeking to build ethanol plants in four southeastern states needs to raise over $800 million to get the job done.
East Coast Ethanol already has about $10 million in seed money, but they are looking for at least $254 million from equity investors to complete the four 110 million gallon a year plants in North and South Carolina, Florida and Georgia.
The company was formed in September of last year with the merger of Mid Atlantic Ethanol, Palmetto Agri-Fuels, Atlantic Ethanol and Florida Ethanol – all of which were separately developing ethanol plants in the four states.
According to a July 21 filing with the U.S. Securities and Exchange Commission, the company said the “four facilities (if and when they become operational) can supply ethanol to the Southeast United States at a much cheaper rate than imported ethanol because of reduced transportation costs given our geographical location.”
Fagen, Inc. is expected to design and build all four of the planned ethanol production facilities.


The
The corn growers are also trying to get the word out that they are capable of meeting the nation’s needs for food, feed and fuel by bumper sticker. While supplies last, they are offering free bright yellow bumper stickers that proclaim “US Farmers – Producing Food, Feed and Fuel” to anyone who wants to help them get that message out on the road. For a sticker, email NCGA at corninfo@ncga.com.
The opening of the 5-million-gallon-a-year Sequential Pacific Biodiesel refinery in Salem, Oregon today is attracting celebrities and kicking in a new biodiesel mandate.
Riders of the new biodiesel bus at the University of Montana in Missoula won’t get just a clean ride on an eco-friendly piece of mass transit… they’ll get all that for free.
Destiny, Florida, the first eco-sustainable city in the country, is creating Florida’s first sustainable energy farm. 
According to a
Schafer wrote the letter mainly in response to an op-ed by Texas Governor Rick Perry that appeared in the paper after EPA’s recent decision to deny his request to waive the Renewable Fuels Standard.
The conference is is a collaboration of