Even though Spain-based Abengoa Bioenergy filed for bankruptcy Wednesday, the filing will not affect operations at the company’s ethanol plant at America’s Central Port in Madison.
That’s according to company human resources spokesman Chris Standlee, who said another ethanol plant — located in Mount Vernon, Ind. — also would see no change in operations despite the company’s decision to file for Chapter 11 protection.
Abengoa’s U.S. holding company, Abengoa Bioenergy U.S. Holding LLC, filed for bankruptcy in federal bankruptcy court in St. Louis. Five subsidiary companies joined in the action. The company’s U.S. headquarters is in Chesterfield, Mo.
A statement from the company said the Madison plant, which employs about 60 people, will “continue to operate in the normal course.”