Great River Energy Buys Large Stake in Ethanol Biorefinery
Great River Energy, a nonprofit coop that provides wholesale electric service to distribution coops in Minnesota and Wisconsin, purchased a 51 percent stake in an Underwood, North Dakota ethanol biorefinery. Prior to the $18.5 million cash deal, Great River Energy had owned a 49 percent stake in the Blue Flint Ethanol LLC biorefinery. Business Week has the full story here.