is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist
Corn+Soybean Digest

Banks Fund 55% of Ethanol Projects

Large national and regional banks, and hundreds of community banks, have played a major role in financing ethanol, providing 55% of the funding since the beginning of 2004, according to a new study by the American Bankers Association and the Independent Community Bankers of America.

According to the study done by New Energy Finance Ltd, Farm Credit System institutions have provided less than 10% of the total capital for ethanol projects during the same period. More than $15 billion has flowed into U.S. ethanol projects in the past four years.

To see the full report, go to www.aba.com/aba/documents/News/EthanolReport121407.pdf.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish