Abengoa Bioenergy has obtained financing to build its fourth ethanol plant in the US, a 330 million liter (87 million gallon) per year facility in Ravenna, Nebraska. The plant will almost double Abengoa’s current US capacity of 365 million liters (96 million gallons) per year.
The US$90-million plant will be the largest such in Nebraska. Due to come online in 2007, the plant will consume around 800,000 tons of corn per year as the feedstock.
Abengoa Bioenergy is Europe’s leading ethanol producer, and number two in the world, with two plants in Spain—Ecocarburantes Españoles and Bioetanol Galicia—offering a total capacity of 150 and 170 million liters per year, respectively.
The company is developing a third plant in Salamanca, Biocarburantes de Castilla y León, with a capacity of 200 million liters per year, of which five million will be obtained from the conversion of cereal biomass by means of a new technology being developed by Abengoa Bioenergy R&D. (Earlier post.)