Big biofuel plant to be built on Canadian Prairies

North America’s biggest biofuel refinery will be built in central Alberta near the town of Innisfail, and could be producing fuels in the third quarter of 2008, the plant’s developers said on Tuesday.

The C$400 million ($354 million) complex will be able to produce 378 million liters (100 million gallons) each of ethanol, canola oil and biodiesel, said private equity firms Riverstone Holdings and Carlyle Group and privately held Dominion Energy LLC.

yahoo