Who is Advanced BioEnergy?
ABE is a development stage company specializing in ethanol production. It currently is building a 100-million gallon per year dry mill corn-processing ethanol plant near Fairmont, Nebraska and has letters of intent to build similar 100-million gallon per year plants near Rochester, Indiana and Northfield, Minnesota. It was created in 2005 to build, operate, and acquire ethanol plants across the Corn Belt. It is a public company and its financial information and other material agreements are available on the SEC web site. More information can be found at advancedbioenergy.com. 4. Who owns HGF? South Dakota Wheat Growers Association owns approximately 48%; Heartland Producers, LLC owns approximately 46%; Aventine Renewable Energy, Inc. (HGF’s marketing partners) owns about 5% and Dakota Fuels, Inc., the general partner of HGF, owns about 1%. Dakota Fuels is owned 51% by Wheat Growers and 49% by Heartland Producers. 5. Why is this such a complicated transaction? Advanced BioEnergy has sta
