NOVEMBER 2008

Northern Ethanol finds new home in Niagara Falls

Northern Ethanol, LLC, a wholly owned subsidiary of Northern Ethanol, Inc., has announced that it has entered into an agreement to acquire a 70-acre site from Praxair, Inc. in Niagara Falls on which it will locate its ethanol plant. The property is served by CSX Rail, St. Lawrence Seaway dockage, adjacent interstate highways, and abundant low cost water and other services.

In May, the Niagara Falls Ethanol project was approved for 9,000 kilowatts of low-cost hydro-electric power from the New York Power Authority, with a saving of approximately $35 million over the life of the contract.