Kansas City Firm Buys Nebraska Ethanol Plant

Business
Kansas City-based Spectrum Business Ventures Inc. has bought a Mead, Neb., ethanol plant and plans to reopen the shuttered facility next year. The firm said in a press release that it acquired the assets of E3 BioFuels — Mead LLC out of bankruptcy. Financial terms of the deal were not disclosed.

In the release, Spectrum CEO Amit Raizada said the private investment firm had to restructure the plant’s muddled finances to get it back into operation...... Read more here

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