Innovative Nebraska ethanol plant sold to Missouri company

MEAD, Neb. (AP) — A Missouri company wants to reopen an innovative Nebraska ethanol plant that failed on its promise to produce the fuel commercially while using cow manure as a power source.

The Lincoln Journal Star reports that Spectrum Business Ventures Inc. of Kansas City, Mo., has purchased the E3 BioFuels plant near Mead, and the company is planning to reopen the plant next year under the name AltEn Opportunity I.

The plant received national media attention when it began because it was one of the first in the nation to use methane gas from cow manure at a nearby feedlot to power its ethanol production.

A boiler explosion in 2007 delayed the commercial ethanol production. The plant shut down later that year after the E3 BioFuels company filed for bankruptcy protection.

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Information from: Lincoln Journal Star, http://www.journalstar.com

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