Wednesday, September 17, 2014

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Sweetwater Energy Announces Deal With Colorado Company

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Sweetwater Energy announced a 15-year agreement with Colorado-based Front Range Energy.

The Rochester-based cellulosic sugar producer will now generate ethanol at Front Range's corn-ethanol facility.

Sweetwater says it will use its patented process to convert available cellulosic, non-food biomass and woody bio-mass into fermentable sugar. Front Range will then ferment that into ethanol.

Sweetwater says the deal is worth more than $100 million.

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