FOR IMMEDIATE RELEASE
Media Contact: Scott Coye-Huhn
Senior Vice President, Corporate Development and Chief Legal Officer
Aloterra Energy LLC
713.412.5311 or 440.666.2053
Aloterra Energy Invited to “Champions of Change” Award Ceremony
Aloterra’s Partner, MFA Oil Company, accepts prestigious honor at White House event
Houston – April 20, 2012 – Aloterra Energy LLC was invited to attend the “Champions of Change for Innovation in Renewable Energy” event at the White House on April 19, 2012 with its partner MFA Oil Company.
Champions of Change
Scott Coye-Huhn, Jon Griswold, Jerry Taylor
(Click to Enlarge)
Jerry Taylor, CEO of MFA Oil Company, accepted the award on behalf of MFA Oil Company with Jon Griswold, CEO of Aloterra and Scott Coye-Huhn, senior vice president and chief legal officer of Aloterra in attendance. The award was the result of the work of MFA Oil Biomass and Aloterra Energy in moving the biomass industry forward by organizing thousands of acres of farmers’ land, developing new biomass markets, and bringing advanced energy crop planting techniques to the industry.
MFA Oil Biomass is a partnership between the MFA Oil Company and Aloterra Energy, a company formed specifically to work with farmers to grow, harvest, and sell Miscanthus Giganteus, a non-invasive, perennial grass and renewable energy crop that is being used for power generation, agricultural heating, biobased products and next-generation liquid fuels. In 2011 MFA Oil Biomass and Aloterra were awarded four Biomass Crop Assistance Program (BCAP) project areas by the U.S. Department of Agriculture. Aloterra operates the BCAP project area in Ohio and Pennsylvania, and MFA Oil Biomass operates three project areas — two in Missouri and one in Arkansas.
These energy crop projects and their conversion facilities are estimated to have a $200 million annual economic impact and create 3,900 new jobs, according to a third-party study of the projects.
“Aloterra was thrilled to accompany Jerry to accept this award and to be acknowledged for the progress we have made with our farmers thus far in the agricultural and renewable energy industries,” Coye-Huhn said. “We think it is important to acknowledge the phenomenal work of the USDA’s Farm Service Agency team that administers the BCAP program, which has been the catalyst to make all of this possible.”
The Champions of Change is part of President Obama’s “Winning the Future” initiative. Each week, a different sector is showcased, and the recent event highlighted nine innovative companies in the U.S. that are producing work to benefit the Renewable Energy economy and energy security.
About Aloterra Energy LLC:
Aloterra Energy LLC develops vertically integrated biomass projects focused on renewable energy production, biobased products and specialty chemicals. Aloterra Energy’s executive team and board of directors has more than four decades of combined experience in the fuel procurement and commodities industries, as well as extensive experience in developing fuel and transportation infrastructure. For more information on Aloterra Energy, visit aloterraenergy.com.
About MFA Oil Company:
MFA Oil Company, formed in 1929, is a farmer-owned cooperative with more than 40,000 members. The company supplies fuels, lubricants, and propane to customers in Missouri, Arkansas, Oklahoma, Kansas, Indiana, Kentucky and Iowa. Through a subsidiary, MFA Oil operates Break Time convenience stores in Missouri and Arkansas and Jiffy Lube and Big O Tire franchises in central Missouri.