Sask. program funds two ethanol plants

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Published: October 9, 2007

Saskatchewan’s provincial Biofuels Investment Opportunity (SaskBIO) program will put up $10 million and $2.5 million respectively for ethanol production plants at Tisdale and Unity, Sask.

North West Bio-Energy, an offshoot of the North West Terminal high-throughput elevator at Unity, will receive $2.5 million on top of the $5.05 million in federal funds recently announced through the ecoABC initiative. The company plans a $38 million, 25-million-litre-per-year ethanol plant near the terminal, about 50 miles southwest of North Battleford.

Ensask Biofuels will get $10 million toward its wheat ethanol facility at Tisdale, scheduled to open in 2009 with a planned output of 100 million litres per year. Tisdale is about 80 miles east of Prince Albert.

SaskBIO is funded with $80 million over four years to provide repayable contributions of up to $10 million per project to build or expand biofuel facilities. The program began taking applications in August.

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