Abengoa receives grant for new Illinois plant

By Bryan Sims | September 08, 2008
Web exclusive posted Sept. 15, 2008 at 4:47 p.m. CST

Spanish-based ethanol producer Abengoa Bioenergy Corp. has received a $4 million grant from the Illinois Renewable Fuels Development Program for its planned 88 MMgy ethanol plant in Madison, Ill. The plant is expected to cost $200 million.

The new Abengoa Bioenergy facility will be located on a 79-acre site in the Tri-City Regional Port District five miles north of the St. Louis Gateway Arch. The plant, which is expected to be operational by the end of 2009, will use 32 million bushels of traditional cereal grains per year as feedstock. The facility will utilize cutting-edge technology based on a proven design that the company has employed at its 88 MMgy facility in Ravenna, Neb.

"With this project, Abengoa Bioenergy continues the journey that began in 1995 to establish a leadership position in biofuels technology and production capacity to provide a sustainable energy alternative to the transportation sector," said Javier Salgado, president and chief executive officer of Abengoa Bioenergy. "This facility will be one more significant step for the United States in its quest to achieve energy independence and benefit the environment at the same time."

Abengoa Bioenergy is the largest European ethanol producer and one of the largest ethanol producers in the United States. As the only worldwide ethanol producer, the company has more than 340 MMgy of global operating capacity. Currently, Abengoa Bioenergy has 198 MMgy of capacity in the United States, 142 MMgy in Europe, and an additional six million tons of sugarcane milling capacity in Brazil. The construction of new Abengoa Bioenergy facilities in both the United States and Europe are already underway and will generate 374 MMgy of total capacity in the United States and 334 MMgy in Europe by 2010, for a total of 708 MMgy.

To learn more about Abengoa and its ethanol ventures, visit www.abengoabioenergy.com/sites/bioenergy/en/.