Aventine finalizes EPC contracts

July 20, 2007

Aventine Renewable Energy Holdings Inc. recently signed engineering, procurement and construction (EPC) contracts with Kiewit Energy Co., which will build two 113 MMgy dry-grind ethanol plants in Mt. Vernon, Ind., and Aurora, Neb., for Aventine. The EPC contracts stipulate additional site work for Phase II expansion, which would double each project's capacity to 226 MMgy. Aventine is seeking permit approval for Phase II capacity up front for each site. The contracts equate to more than $460 million in business for Kiewit Energy.

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