NAES to Operate ND Red River Plant

OAKHURST, N.J. (DTN) -- NAES Corporation on Wednesday announced it has been selected by owner BioMass Solution LLC to operate and maintain Red River Biorefinery in Grand Forks, North Dakota, scheduled for commercial operations in late 2019.

The next-generation facility is designed to produce 16.5 million gallons of fuel-grade ethanol per year from sugar beet tailings, potato wastes and other organic byproducts. The owner recently achieved financial close for the plant and has issued full notice to proceed with construction activities.

"NAES has built a reputation for delivering a standard of O&M practices that can help us realize our mission—which is to develop a best-in-class fleet of renewable energy plants that make profitable, environmentally beneficial use of problematic waste streams," said Keshav Rajpal, principal at BioMass Solution.

Madison, Wisconsin-based Biomass Solutions' mission is to acquire, develop, operate and manage renewable energy facilities in North America that bring financially and environmentally sustainable solutions to undervalued and problematic waste.

Services company NAES Corp. is a wholly owned subsidiary of ITOCHU Corp.

(BM/AG)