Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Wednesday, May 21, 2008

IL Gov. Blagojevich Pledges $19.8 Million in Support of Blackhawk Biofuels Purchase of 45-MMGY Biodiesel Facility in Danville

GrainNet.com
Date Posted: May. 15, 2008

Chicago—In furthering Illinois’ national leadership as a renewable biofuels producer, Governor Rod R. Blagojevich today announced that Blackhawk Biofuels, LLC has completed its purchase of a new 45 million gallon per year biodiesel plant in Danville.

The $19.8 million in state-backed support will leverage $25 million in private funding by the new owner to complete construction of the facility and upgrade technology.

“The significant investment we’re making in the Danville plant will produce home-grown biodiesel from crops grown on Illinois farms, boost America’s energy independence, keep people working, and spur economic development throughout east central Illinois,” said Gov. Blagojevich.

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