Abengoa Bioenergy Biomass of Kansas, has reportedly hired Los Angeles-based finance advisory firm Ocean Park Advisors to find a buyer or investor for its second-generation cellulosic ethanol plant in Hugoton, Kansas, according to an article in the Wichita Eagle.
According to the article, the 25-million-gallon per year plant produced ethanol from plant fibers. It operated for about a year before being shut down about nine months ago in the wake of its Spain-based parent company’s bankruptcy.
The plant was considered one of the first large-scale, second-generation cellulosic ethanol plants in the country. According to the article, the 400-acres site includes the cellulosic ethanol biorefinery with an integrated, biomass-to-electric power generation plant and a wastewater treatment plant producing 21 megawatts electrical power a year.
Abengoa seeks buyer for shuttered Kansas cellulosic ethanol plant
Second-generation ethanol plant closed its doors in late 2015 after parent company’s bankruptcy.
July 26, 2016
REW Staff
REW Staff