Prince Edward Island Agency Backed for Beet Ethanol Plant
(Alberta Farmer) A company set up to develop a commercially viable way of using Prince Edward Island beets as an ethanol feedstock has been backed to build a demonstration-scale processing plant.
Atlantec BioEnergy Corp., which for years has spearheaded a beet ethanol plan, on Friday was confirmed as receiving $340,512 from the federal Atlantic Canada Opportunities Agency (ACOA) for the project. The province’s Innovation PEI agency will put up $1.8 million in “loans, grants and labour rebates.”
The company recently bought a facility at Cornwall, just west of Charlottetown, and is now renovating that building for its demonstration-scale equipment. READ MORE