Tenaska has an important role in that energy-independent future with its biofuels marketing unit, Tenaska BioFuels, LLC (TBF).
TBF provides marketing, physical delivery and financial services to customers in the ethanol and biodiesel industries.
The two products result from a merger of the agriculture and energy industries, making Tenaska – with its deep roots in America’s heartland and its more than 20 years of success in energy production and marketing – uniquely qualified to help them develop and mature.
TBF builds on Tenaska’s reputation for providing efficient and cost-effective services to energy partners in the Midwest and nationwide. The company has developed productive relationships with alternative fuels producers, marketers, blenders and retailers. As of early 2008, the TBF had offtake contracts to market about 100 million gallons per year from existing and planned production facilities. Forward contracts with planned facilities will total over 500 million by 2010.
As technology develops in the ethanol and biodiesel production industries, TBF quickly adapts its services to fit the needs of its customers. In March of 2008, TBF acquired the business of Edible Oil Marketing, LLC, an Omaha-based vegetable oil and biodiesel marketing and trading company. The acquisition responds to the growing customer need for offtaking, transporting and marketing services for agricultural oils in a variety of markets, including biodiesel feedstock.
About Tenaska BioFuels
TBF has the experience, geographic footprint and Midwestern roots to help the ethanol and biodiesel industries grow and prosper.
Tenaska has a 20-year history as a successful developer, producer and marketer of energy in the United States and Canada, and its Tenaska Marketing Ventures/Tenaska Marketing Canada (TMV) affiliate is ranked among the top 10 natural gas marketing companies in North America.
In third party surveys of value perceived by customers, Tenaska energy marketing companies consistently rank among the top nationally.
TBF draws on the total Tenaska team. The biofuels team is closely associated with Tenaska Marketing Ventures and Tenaska Power Services (TPS), who have a proven record of providing our customers with value and service in gas and power marketing. TBF also takes advantage of Tenaska’s expertise in running some of the most efficient generating plants in the United States.
By working together, Tenaska has become one of the most highly respected companies in the North American energy markets. Customers in the ethanol and biodiesel industries will greatly benefit from Tenaska’s teamwork approach to business.
A customer may be an ethanol plant that has been up and running for 10 years or a biodiesel plant that has yet to break ground. In either case, TBF can help manage the financial risks that come with managing multiple commodities.
Why Choose Tenaska BioFuels?
What sets TBF apart from other biofuels marketers? The biofuels team prides itself on working with clients to provide solutions, service, value and sound advice. A variety of services are offered to help ethanol and biodiesel producers achieve the best results possible.
TBF communicates clearly with our customers to help them understand the commodity markets upstream and downstream from their facilities. Whether an ethanol marketing agreement or a short-term spot purchase, the biofuels team works diligently to add value for customers.
Tenaska has a history of navigating through the turbulence associated with energy markets, and has helped thousands of customers since the early 1990s with their energy service requirements. TBF brings the same results-oriented dedication to the marketing, transportation and risk management needs of our ethanol and biodiesel customers.
Contact Us
Mike Barwig, Director, Marketing, 402/938-6912 or mbarwig@tenaska.com.
(From left) Tenaska BioFuels Account Manager Courtney Barker, Vice President and General Manager Dave Neubauer and Tenaska Vice President and Controller Tim Kudron.
