Member News: Golden Grain Energy Announces Partnership With Summit Carbon Solutions
February 18, 2021
As a producer of clean, renewable energy, Golden Grain Energy, LLC is joining forces with Summit Carbon Solutions to make a clean energy source even more environmentally friendly. The partnership, announced February 18th, 2021, will allow over 350,000 tons of carbon dioxide to be captured, transported and deposited deep underground through Summit Carbon Solutions’ transportation and storage platform.
“Creating an environmentally-friendly energy source has always been a top priority for our company,” said Chad Kuhlers, CEO. “We are proud to join with Summit Carbon Solutions on this transformational project so we can continue to create clean, safe, affordable energy for rapidly growing low-carbon fuel markets.”
“We are grateful to be able to partner with Golden Grain Energy, LLC on this project,” said Bruce Rastetter, CEO of Summit Agricultural Group. Golden Grain Energy, LLC joins a progressive group of partner plants that are focused on lowering their carbon footprint in a safe, economical way.”
Golden Grain Energy, LLC is a privately-held company that produces over 120 million gallons of ethanol annually at a plant in Mason City, Iowa. Golden Grain Energy, LLC also produces distiller’s grains and non-food grade corn oil, providing a feed source for local livestock producers or the biodiesel Industry. Owned by more than 900 members, the majority of whom are Iowa farmers, Golden Grain Energy, LLC is committed to being a strong partner in the local community, a key player in the regional economy and a leader in Iowa’s ethanol industry. More information can be found at www.ggecorn.com.
Summit Agricultural Group is a diversified agribusiness operator and investment manager with operations in the United States and Brazil. Summit deploys capital across the agricultural supply chain with a particular focus at the intersection of agriculture and renewable energy. For more information, visit: www.summitag.com