Tri-City Energy sells biodiesel plant
Tri-City Energy looks to sell its 5 million gallon a year biodiesel plant in Keokuk, Iowa, US, to BFSG International of Zurich, Switzerland.
The acquisition will be finalised through Tomorrow’s Choice in Energy, or TC Energy, a wholly- owned subsidiary of BFSG. The sale includes Keokuk Glycerin in which Tri-City Energy has a 51% stake.
Upon finalisation the plant will change its name to TC Energy. Engineers are making assessments of technology upgrades needed at the three-year-old plant.
The acquisition will be finalised through Tomorrow’s Choice in Energy, or TC Energy, a wholly- owned subsidiary of BFSG. The sale includes Keokuk Glycerin in which Tri-City Energy has a 51% stake.
Upon finalisation the plant will change its name to TC Energy. Engineers are making assessments of technology upgrades needed at the three-year-old plant.
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