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Abengoa Assumes Control of NE Ethanol Plant.

Abengoa Bioenergy Corporation recently announced it has signed an agreement with Nordic Biofuels of Nebraska, LLC to become the managing partner of a "soon-to-be-completed" ethanol manufacturing facility in Ravenna, NE.

As a result of Abengoa Bioenergy's participation in the project,

which was previously known as Nordic Biofuels of Ravenna, LLC, the company said its name will change to Abengoa Bioenergy of Ravenna, LLC.

Once operational, Abengoa said the plant is expected to be capable of producing approximately 88 million gallons of ethanol per year.

Contact: Abengoa, website http://www.abengoabioenergy.com.

(EIN STAFF: 4/20)

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