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The company will pay about $1.7 billion in cash and issue roughly 8 million shares of its stock for Champion Technologies, which offers products and services to the oil and gas industry.
Minnesota ranks fifth among all states in terms of ethanol production capacity—and every dollar invested in building ethanol plants within the state between 1990 and 2011 generated $8.13 for the state’s economy.
The company said that Ryan Gilbertson resigned from his position at the oil extraction and production company he cofounded to pursue other business and charitable activities.
Biofuel Energy has idled its Minnesota ethanol plant; meanwhile, Gevo, which has been making bio-isobutanol at its Minnesota facility this year, will temporarily shift back to ethanol production.
A Minnesota program could make it easier for businesses to improve their energy efficiency.
Three University of Minnesota researchers are developing technology that will use natural bacteria to purify water contaminated due to fracking.
As the economy rebounds, what if energy use doesn’t?
The Minnesota Department of Commerce said it will start working with local governments to create a more streamlined process for installing solar panels.
That’s what the ethanol industry is hoping. And it’s enlisting the help of Nascar.
Urban developers are adjusting their plans in anticipation of major climate change.
Target Field Legends Club - Carew Atrium
June 06, 2013
Great River Energy
June 26, 2013
• See All Energy Events
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