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Absolute Energy, LLC
1372 State Line Road St , Ansgar, Iowa, United States

Memberships : NA
Industry : Renewable Energy
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Basic Member
Since Aug, 2017
About Company

The mission of Absolute Energy, L.L.C. is to secure the economic future for our communities and investors by Increasing economic development in our local area;  Adding value to local corn production;   Seeking to provide a return on investment for investors; and Reducing our country's dependence on foreign oil.  We are committed to being a good neighbor in our communities and creating a positive environment for our employees.  September 2005:  Rick obtained options on six properties, from Osage, Iowa to Lyle, Minnesota.  January 2006: Mitchell and Mower counties offered incentives and the board members chose to go with Mitchell County.  March 4, 2006:  The required amount of capital was raised to proceed with the project.  April 2006:  First well was drilled with excellent volume and quality.   June 2006:  Major dewatering system was installed.  Had first full board meeting with all board members attending.  July 11, 2006:  Escrow closing.  July 15, 2006:  Began dirt work.    August 9, 2006:  Things are proceeding well, currently we are ahead of schedule.    August 18, 2006:  Loan closing with Home Federal and AgStar  August 24, 2006:  Groundbreaking celebration   September 5, 2006:  Fagen, Inc. arrived  September 7, 2006:  Drilling was completed for third well (Well # 1:  360 feet deep, Well #'s 2 and 3:  442 feet deep)  September 20, 2006: Notice to Proceed was sent to Fagen, Inc.  November 29, 2006:  The project is ON SCHEDULE:  3,250 yards of concrete have been poured with 55 employees on site  February 2007:  Hired grain merchandiser   May 31, 2007:  Moved office to plant site  June 5, 2007:  First board meeting at new office  July 2007:  Hired plant manager  October 11, 2007: First truck of corn across scale  December 3, 2007:  First day of employee training  February 12, 2008:  First grind at 8:15 a.m.  March 3, 2008:  Loaded first rail car with ethanol  March 5, 2008:  Loaded DDGS  March 12, 2008: Received first payment for ethanol 

Company NameAbsolute Energy, LLC
Business CategoryRenewable Energy
Address1372 State Line Road St
Ansgar
Iowa
United States
ZIP: 50472
PresidentNA
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Increasing Economic Development
  • Foreign Oil
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