Tag Archives: suncor

Suncor (SU) receives $25M for Ethanol Plant

The Canadian government has agreed to give Suncor Energy’s (SU) St. Clair Ethanol Plant a $25 million investment to double its current production according to sustainablebusiness.com.  The plant should be completed by the end of 2009 and has received equity investment from farmers totaling $12.5 million. 

 

This will be the fourth biofuel plant funded under Canada’s ecoABC initiative.  "The Government of Canada is investing a total of $2.2 billion over nine years toward … Read the rest