Verbio acquired South Bend Ethanol, LLC, an operating ethanol plant located in South Bend, Indiana. As a global leader in the renewable energy industry, this will be Verbio’s second US production facility following the successful commissioning of its Nevada, IA plant. The site will be developed over the next three years incorporating Verbio’s advanced engineering and operating technology practices. Verbio intends to expand and develop the plant into a modern biorefinery at an estimated total investment of $230 million.
Integration of the ethanol production with the RNG production process, unique to the Verbio brand and developed successfully at the company`s facilities in Europe over the past decade, will result in higher efficiencies and improved sustainability. Following commissioning, the production capacity of the plant will be at 85 million gallons of corn ethanol and 2.8 billion cubic feet (Bcf) of RNG per year.