Construction Begins On Midwest AgEngery’s $155 Million Biorefinery In Jamestown, North Dakota
“The Dakota Spirit AgEnergy biorefinery will create new market opportunities for North Dakota farmers, serve to further diversify our growing economy and help the nation become more energy independent,” Gov. Jack Dalrymple said. “In North Dakota, we have stayed true to a proven energy policy that promotes the responsible development of all our energy resources. Our work is paying off in very significant ways and this biorefinery is another example of what can be accomplished when states create an environment in which private industry can thrive.”
The plant will be built next to Great River Energy’s Spiritwood Station, a power plant that will supply the biorefinery with low-cost steam to significantly reduce the plant’s energy costs. The biorefinery will buy about 23 million bushels of corn from area farmers every year and employ about 36 workers. The plant is expected to be in operation by the first quarter of 2015.
The state assisted the project’s development through project research funding, a low-interest loan, loan guarantees and tax incentives on construction and operation.
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