Aurora Cooperative, KAAPA Ethanol announce joint venture

Aurora Cooperative, KAAPA Ethanol announce joint venture
September 30th, 2022 | bdoeschot

Aurora Cooperative and KAAPA Ethanol announced a joint venture involving Aurora Cooperative’s ethanol and grain facilities located west of Aurora, Nebraska.

The joint venture plans to make significant investments with the goal of increasing production and efficiency at the ethanol facilities so that the facilities remain a destination for area farmers’ corn for many years to come.

“We are looking forward to a partnership with KAAPA Ethanol at our ethanol and grain facilities,” said Aurora Cooperative’s Board Chair, Bill Schuster. “KAAPA has a track record of operational expertise and strong financial performance. We believe this partnership will strengthen the future of the ethanol plant for our farmer-owners.”

Aurora Cooperative and KAAPA anticipate the transaction will close in early 2023, subject to customary closing conditions.

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