Blackhawk acquires biodiesel plant

July 14, 2008

Blackhawk Biofuels LLC has acquired a 45 MMgy biodiesel plant currently under construction in Danville, Ill. The plant was purchased from Biofuels Co. of America LLC. Fifth Third Bank, Renewable Energy Group Inc. and Blackhawk Biofuels have provided financing and will complete construction of the facility. The plant was originally designed to operate using virgin vegetable oils as a feedstock, but Blackhawk Biofuels is planning to upgrade the process technology to allow the use of animal fats, as well. Production is expected to begin later this year.

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