OMAHA, Nebraska – Tenaska BioFuels, LLC (TBF) of Omaha has acquired the business of Edible Oil Marketing, LLC (EOM), an Omaha-based biodiesel and vegetable oil marketing and trading company. EOM is active in trading various oils derived from corn, soybeans, sunflowers and palm. The acquisition will also provide TBF with additional biofuels transportation and storage assets, including railcars and terminal storage facilities in Hammond, Indiana, and St. Rose, Louisiana, said TBF Vice President and General Manager Dave Neubauer.
TBF is an affiliate of Tenaska, one of the nation’s largest privately held power generation and energy marketing businesses. TBF provides procurement, marketing, logistics and financial services to the growing ethanol and biodiesel industries.
Edible Oil Marketing’s personnel will transfer to TBF, and its president, Brian Engel, will become TBF’s vice president of trading.
“The acquisition of EOM’s business will enhance our ability to offer marketing and procurement services for ethanol and biodiesel producers,” said Neubauer. “The addition of EOM brings us instant expertise and credibility in the vegetable oil markets, which is essential for securing feedstock for our biodiesel customers and in helping our ethanol customers as they add corn oil recovery processes to their facilities.”
Tenaska BioFuels, LLC
Tenaska BioFuels, LLC (TBF) is an affiliate of Tenaska, an Omaha-based energy company that developed, operates, and owns in partnership with other companies 7,400 megawatts of electric generating plants; is involved in private equity fund and acquisition management; and provides marketing services for the natural gas, power and biofuels industries, with its natural gas marketing affiliate rated as one of the top ten natural gas marketers in North America. TBF provides independent marketing, transportation, storage, risk management, procurement and financial services to ethanol and biodiesel market parti