Jamestown/Stutsman Development Corporation

North Dakota Soy Processors agreement terminated

Thursday, July 25, 2019

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Written By: Keith Norman | 

 

The Spiritwood Energy Park Association has exercised its option to terminate a Key Terms Agreement with North Dakota Soybean Processors for a planned soybean crushing plant at Spiritwood. This effectively ends the connection between North Dakota Soybean Processors and SEPA, according to Connie Ova, manager of SEPA.

The SEPA Board also approved a temporary exclusivity agreement with another firm for the development of an unspecified project at the SEPA industrial park.

The actions came Wednesday during a special meeting of the SEPA Board of Directors. SEPA is jointly owned by the Jamestown/Stutsman Development Corp. and Great River Energy.

SEPA owns and operates the industrial park at Spiritwood that is home to Dakota Spirit AgEnergy and adjacent to Spiritwood Station, a coal-fired electric and steam generating plant.

Continue to full Jamestown Sun article.

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