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Description
BioFuel Energy is a publicly traded company (NASDAQ: BIOF) headquartered in Denver, CO. Biofuel Energy was founded in 2005 with initial production from two plants commencing in 2008. On Nov. 25, 2013, the company confirmed that is had been notified by the lenders under its existing senior secured credit facility that they had exercised their right under their Deed In Lieu of Foreclosure Agreement (the "Deed in Lieu") to acquire the Company's ethanol plants.
Our team is prepared to help your company or firm manage the assets it has acquired whether continuing in operation, keeping on hot standby, shutting down and preserving asset value, or starting or resuming operations. Through our hands-on approach to facilities management, we reinforce and instill a culture of operational excellence, high safety standards, and environmental stewardship. The end result is improved plant efficiency and reliability, while also reducing risk.
Ours is an experienced team of professionals with real world success in the energy, agriculture and biofuel industries. This team has successfully developed, built, managed start up and currently operates two 110 million gallon per year Delta-T plants at above design basis. This team has extensive dry-mill experience, as well as experience in other areas of the energy and agricultural processing industries. We have a deep bench of operations staff with decades of experience operating dry and wet mill ethanol plants based on ICM, Delta T, Vogelbush, and Lurgi designs.