A total of $425,700 will be distributed by Iowa’s Renewable Fuels Infrastructure Board to increase access to E-85 and biodiesel in the state.
Gov. Chet Culver announced 18 new awards by the board to help 16 Iowa retailers to install pumps for E-85 ethanol and biodiesel fuel, terminals installing biodiesel blending equipment and tank wagons with dedicated compartments for E-85 and biodiesel for farm delivery.
“Iowa is America’s biofuels leader, producing more ethanol and biodiesel than any other state,” Culver said in a prepared statement. “Our goal is to make it as easy as possible for Iowa families to use renewable fuels for consumers, promote Iowa’s renewable energy economy and reduce our reliance on foreign oil.”
The 18 projects approved at the RFIB meeting are:
- Kum & Go, LLC — Adel
- Agriland FS, Inc. — Afton
- Aplington Feed & Grain — Aplington
- Cobb Oil Company — Brighton
- Farm Service Company — Council Bluffs (two awards)
- SilverEdge Cooperative — Edgewood
- Houseman Oil Co., Inc. — Estherville
- 218 Fuel Express — Floyd
- Fredericksburg Farmers Coop — Fredericksburg
- AgVantage FS, Inc. — Hazelton (two awards)
- Five Star Coop — New Hampton
- Sully Cooperative Exchange — New Sharon
- Agriland FS, Inc. — Orient
- Wessels Oil Co. — Palmer
- Carterville Elevator Inc. — Rockwell
- Sully Cooperative Exchange — Sully
“These awards to expand access to E-85 and biodiesel demonstrate our state’s commitment to a greater use of renewable energy,” said Department of Economic Development Director Mike Tramontina.
Over a three-year period, $13 million in financial incentives will be allocated by the RFIB to expand consumer access to renewable fuels. Since July 2006, more than $2.6 million has been awarded. Owners and operators of retail motor fuel sites or biodiesel terminals should submit applications for the awards to the Department of Economic Development. The board will meet again on Nov. 20 to consider new applications.