Domestic Fuel

Clovis, New Mexico is the future site of a 105 million gallon a year ethanol plant planned by private equity firms Riverstone Holdings and The Carlyle Group. According to a news release, “the plant will more than triple New Mexico’s ethanol output. New Mexico’s only other ethanol plant, Abengoa in Portales, currently produces 30 million gallons annually.” The plant will be constructed on ConAgra Trade Group’s Peavey grain elevator property which will supply corn and energy inputs for the plant, market and distribute the plant’s outputs, including ethanol and distillers grains, and provide logistics and risk management services.