Valero Snaps Up Trio Of Ethanol Plants For $272M
Valero Renewable Fuels Co. LLC, a wholly owned subsidiary of San Antonio-based Valero Energy, signed an agreement with ASA Ethanol Holdings LLC to buy two plants that had been owned by VeraSun Energy Corp.
The company was also the winning bidder in an auction for a third plant formerly owned by bankrupt Renew Energy Resources Inc.
ASA Ethanol acquired the first two plants through bankruptcy auction,...
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