Toronto, Ontario – An Ontario ethanol plant will receive up to $14 million in funding from the federal government’s ecoENERGY for Biofuels program. The money will be used for GreenField Ethanol’s plant in Tiverton, Ontario.
The federal program supports the production of renewable alternatives to gasoline and diesel, encourages the development of a competitive domestic industry for renewable fuels, and provides an operating incentive to facilities that produce renewable alternatives in Canada.
“These funds will help GreenField Ethanol in our committed vision to help broaden Canadians’ fuel choices through the use of innovative technologies and disciplined leadership,” said Robert Gallant, GreenField president and CEO. “They will also result in an important investment that contributes to greater workplace opportunity for the Tiverton community.”
Through the ecoENERGY for Biofuels program, the Government of Canada will invest a total of $1.5 billion over nine years to encourage the development of a strong, competitive renewable fuels industry in Canada.