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10/12/2019

Who are the owners of glacial lakes energy?

Who are the owners of glacial lakes energy?

Glacial Lakes Energy, LLC (GLE) was formed in May 2001 by the Glacial Lakes Corn Processors (GLCP) and Glacial Lakes Capital, LLC (GLC), an investment firm located in Brookings, SD. GLCP is a South Dakota Cooperative comprised of over 4,100 shareholders. GLCP purchased the ownership held by GLC in July 2004 making GLCP the sole owner of GLE.

Where is glacial lakes energy in Mina SD?

In June 2008, Glacial Lakes Energy – Mina became operational as a 100 mgy ethanol production facility located near Mina, SD. (12 miles west of Aberdeen).

Where are glacial lakes energy’s ethanol plants located?

In December 2019, Glacial Lakes Energy purchased two additional ethanol production facilities located in Aberdeen and Huron, SD. The Aberdeen plant, currently produces about 50.0 million gallons per year. The Huron plant currently produces about 40.0 million gallons per year.

Who are the owners of glacial lakes Corn Processors?

Glacial Lakes Corn Processors (GLCP), was formed in May 2001 as a South Dakota Cooperative comprised of over 4,100 shareholders. GLCP owns 100% of four ethanol production plants. Glacial Lakes Energy – Watertown, an original 40 million gallons per year (mgy) nameplate ethanol production facility, became operational in August 2002.

Where is glacial lakes energy in South Dakota?

Glacial Lakes Energy, LLC (GLE) constructed an original 40 mgy nameplate ethanol production facility in Watertown, South Dakota that underwent an expansion in 2007, and is currently operating at 120+ mgy of annual production.

How much ethanol does glacial lakes energy produce?

GLCP owns 100% of four ethanol production plants. Glacial Lakes Energy – Watertown, an original 40 million gallons per year (mgy) nameplate ethanol production facility, became operational in August 2002. In 2007, the facility was expanded and currently produces 130+ mgy of ethanol per year.