ETHANOL PLANT AUCTION 2-4 MGY ETHANOL PLANT Parker, SD
Details
Inspections
Friday, September 10 • 12 pm - 4 pm
Thursday, September 23 • 12 pm - 4 pm
Other times by Appointment.
Bid Deadline
Friday, September 24 5:00 pm
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Details
SEALED BID WITH LIVE AUCTION
Prototype Micro Ethanol Plant with Complete Laboratory
Building To Be Sold Separate From Equipment
Equipment Sells as One Lot
Built in 2008
Operated for Less than a Year!
Large Open Building with Room for Expansion
Tract 1: 4,740 sq. ft. Building on 2.8± Acres
to remain in place with lease for land or to be removed.
Tract 2: Equipment & Laboratory Selling as ONE LOT
to remain in place with purchase of building and lease terms or to be removed.
Sealed Bid Deadline is Friday, September 24 at 5 pm Central Time. At that time, Seller may determine the auction event is completed OR Seller may choose to invite the top 5 bidders to a limited LIVE AUCTION on Friday, October 8 in Parker, South Dakota.
Distillation Columns
Molecular Sieves
Process Tanks
Decanter Centrifuges
Grain Receiving, Handling, Storage, Weighing and Milling Equipment
Hammer Mill
Caustic Wash-in-Place
Boiler and Related Equipment
Related Process Equipment
Heat Exchangers
Cooling System
Plant Control Room
Complete Laboratory
Spare and Related Equipment
#broken
Facility Rendering Uncovered
Facility Rendering Covered
(These are very large files, allow time to download; requires .avi player such as Windows Media Player.)
Genesis Ethanol I was a prototype micro ethanol plant built in 2008 with several innovative concepts. Genesis Ethanol I purchased corn locally and sold its distiller grain by products locally, thereby greatly reducing transportation costs and delivering a consistent product. In addition, the facility was designed with energy-saving components unique to its design in an effort to reduce energy costs. Initially, the plant was to be the first born in a series of similar plants throughout the region. The plant was built with typical automation and monitoring with multiple security cameras placed strategically on-site. Summit Green Energy, the builder and managing partner, intended to capitalize on economies of scale by running multiple plants within the region. Although the micro ethanol plant began operations, it was not able to sustain its momentum with overwhelming external factors affecting the industry as well as some operational issues.
Design documents available upon signing a confidentiality form.
10% Buyer Premium. First Non-Refundable Deposit must be paid by wire transfer or by certified check in the amount of $50,000 AND must accompany a Sealed Bid Offer. Bidder acknowledges that Sealed Bid Offers without a First Non-Refundable Deposit will not be considered. Bidder also acknowledges that such deposit will be held until a high bidder is declared, which could be as late as Friday, October 8, 2010. (If Bidder is not the high bidder, deposit will be refunded within forty-eight hours of the auction’s completion.) For the high bidder, if the deposit is less than 25% of the purchase price, including Buyer’s Premium, an additional deposit is due bringing the full deposit to 25% of the total purchase price, (Second Non-Refundable Deposit) and is payable within 48 hours of the auction completion. Bidder agrees that the Deposit(s) will be applied to the purchase price at time of closing on or before Friday, October 15, 2010. No equipment can be removed from the site without full payment. Sales tax may apply.
Equipment is selling AS-IS, WHERE-IS WITH NO WARRANTIES, GUARANTEES, EXPRESS OR IMPLIED. Equipment may require rigging assistance for removal, additional costs may apply; items left longer than 45 days are subject to forfeiture. Removal, packaging and transportation costs are the responsibility of buyer. Sales tax may apply. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. Subject to Prior Sale. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.
Re: ETHANOL PLANT AUCTION 2-4 MGY ETHANOL PLANT Parker, SD
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.
