Oklahoma Sustainable Energy LLC has received approval from the Oklahoma Security and Exchange Commission to raise $14 million to build an ethanol plant in Enid.
OSE officials have scheduled meetings across the state to make their pitch to investors. Any investment in the plant will be a $10,000 minimum.
A meeting will be held in Tulsa on August 18, at Northeastern State University – Tulsa Campus. The meeting starts at 6:30.
Upon completion, the plant is expected to convert about 20 million bushels of corn and grain sorghum into 55 million gallons per year of fuel grade ethanol.
The plant will employ between 30 and 40 people and construction is expected to begin in October.