Renova Energy to be sold at auction

On 10 November 2010 ethanol supplier Renova Energy will be auctioned off by Maas Companies of Rochester, Minnesota in the US.

The facility consists of an incomplete $60 million (€43.3 million) ethanol production plant, an AD biogas system and a 3.2MW power plant.

Although the facility is not fully constructed, most of the groundwork and engineering has been completed and the equipment acquired.