by Dan Looker, Farm Business Editor -- Agriculture.com -- July 18, 2005
Thinking about plunking thousands into a new biodiesel plant? You can become an informed investor. Visit www.AscendantPartners.com, a Web site formed by three former CoBank staffers with a lot of experience in financing start-up ethanol and biodiesel plants.
Part of the site offers free information. For $495 you can get a prefeasiblity study on par with pricey consulting, except that it's not site-specific. 'Before you spend $40,000 to do a feasibility study, it makes sense to see if it's even possible,' says Mark Warren, one of the site's founders.
'We see the biodiesel industry in the same place the ethanol industry was 10 years ago,' Warren told Agriculture Online. 'There's a lot of misinformation about the industry. And the information is fragmented. What this does is put it all under one roof.'
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