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Wisc. ethanol plant near Oshkosh for sale

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News Willmar, 56201
West Central Tribune
(320) 235-6769 customer support
Willmar Minnesota 2208 Trott Ave. SW / P.O. Box 839 56201

OSHKOSH, Wis. — An ethanol plant near Oshkosh will be sold to the highest bidder this summer.

The Utica Energy ethanol operation collapsed under more than $30 million in debt. Ascendant Partners, of Colorado, has been hired by the receiver in the case to sell the ethanol plant, grain elevator and grain drying plant as an ongoing operation.

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Oshkosh Northwestern Media says Dougherty Funding, of Minneapolis, filed foreclosure proceedings against Utica Energy in December 2012. The plant stopped making ethanol in September.

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Information from: Oshkosh Northwestern, http://www.thenorthwestern.com

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