BOISE, Idaho (Nov. 9, 2007) -- Washington Group International (NYSE: WNG) announced today it has been awarded cost-reimbursable contracts by E85 Inc. to build E85's first three ethanol production plants in the Midwest. The contracts together are valued at approximately $150 million.
Washington Group will provide procurement, construction, commissioning, and start-up services for the facilities in Wahoo, Neb., and Red Oak and Council Bluffs, Iowa. Each of the facilities will be capable of producing 110 million gallons of ethanol per year.
The corn-based ethanol will be blended with unleaded gasoline to create motor fuel, and the plant will produce commercially viable products in corn gluten feed and meal, corn germ, and wet and dry distiller grains with solubles.