Lincolnway Energy is a locally owned ethanol producer located just east of Ames, in Nevada, IA. Founded in 2004, the company has been an innovative producer of corn-based ethanol since 2006, providing local jobs and contributing to the renewable energy sector. In addition to fuel ethanol production aimed at decreasing the reliance on imported oil, Lincolnway Energy also produces high-grade animal feed including DDGS, WDGS, and Syrup. Furthermore, the company is involved in the production of high-grade corn oil for biodiesel operations and as an energy component in animal feed. The latest investment of $453.00K was received as a Grant investment on 26 January 2023 from the US Department of Energy. The company operates in the industries of Energy, Renewable Energy, and Oil and Gas. This venture reflects Lincolnway Energy's dedication to renewable energy and its significant contribution to the rural economy.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $453.00K | 1 | US Department of Energy | 26 Jan 2023 |
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