Last Updated: Thursday 7th of May 2009 07:38:00 AM -0600MDTAgstar Financial Services has agreed to sell its ethanol plant in Woodbury, Michigan, to local company Carbon Green Bioenergy for an undisclosed price, Associated Press reported on 7 May 2009, citing Agstar Financial.
The 40-million gallon plant was bought by AgStar Financial in March this year, from local bankrupt ethanol producer VeraSun Energy Corporation (OTC:VSUNQ).
Carbon Green BioEnergy is a Chicago-based firm, focused on biofuels, biomass and renewable energy.
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