DTN Ethanol Blog
Todd Neeley DTN Staff Reporter

Friday Nov 13, 2009

Tenn. Governor: 'Biofuels Investment Back in Good Shape'

Tennessee Gov. Phil Bredesen said a private investment deal in a switchgrass-to-ethanol plan is back on track following discussions between the company and the head of a state legislative panel that questioned a state-backed biofuels initiative in east Tennessee, according to the Associated Press.

The Legislature's Fiscal Review Committee last week delayed approval for an $11 million contract to operate the University of Tennessee plant to turn switchgrass into ethanol, after there were concerns that there were changes made to the original agreement.

Subsequent conversations between the head of the legislative panel, Republican Sen. Bill Ketron of Murfreesboro, and the company have eased fears about the future of the project, Bredesen told reporters Tuesday.

(Associated Press, Nov. 11, 2009)
(http://www.google.com/…)

Posted at 08:51AM CST Nov 13, 2009
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