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Renew Energy looks to sell Jefferson ethanol plant

The Wisconsin Department of Workforce Development announced Friday it received notification from Jefferson-based Renew Energy LLC that the company plans to sell its ethanol plant.

The letter filed to DWD by Renew CEO Jeff White said the company is confident it can sell the plant, and is expected to finalize a deal by Jan. 31, 2010.

If the company cannot sell the plant, approximately 70 employees are expected to lose their jobs.

Renew filed for Chapter 11 bankruptcy last January.

— Paul Snyder

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