Heron Lake BioEnergy, LLC Announces Executive Changes, Effective May 26, 2021
May 25, 2021 at 06:12 am EDT
Share
On or about May 20, 2021, Steve Christensen resigned as chief executive officer (“CEO”) of Heron Lake BioEnergy, LLC, (“HLBE”) effective May 26, 2021. On or about May 20, 2021, GFE appointed Jeffrey Oestmann, to serve as GFE’s CEO effective May 26, 2021. Oestmann will also serve as the CEO of HLBE effective May 26, 2021, pursuant the Management Services Agreement, under which GFE and HLBE share executive officers. Oestmann is 57 years old and has worked in the agriculture and bio-fuel sectors for approximately 27 years. From 2013 to 2017, Oestmann served as President and CEO of East Kansas Agri-Energy, LLC. From 2017 to 2019, Oestmann worked for Syngenta subsequently as Head of Bio-Fuel Operations.
Heron Lake BioEnergy, LLC owns and operates an ethanol plant near Heron Lake, Minnesota with a permitted capacity of approximately 72.3 million gallons per year of undenatured ethanol on a twelve-month rolling sum basis. In addition, Heron Lake BioEnergy, LLC produces and sells distillersâ grains with solubles and corn oil as co-products of ethanol production. The Companyâs segments include Ethanol Production and Natural Gas Pipeline. Heron Lake BioEnergy, LLCâs wholly owned subsidiary, HLBE Pipeline Company, LLC (HLBE Pipeline Company), is the sole owner of Agrinatural Gas, LLC (Agrinatural). Agrinatural, is a natural gas pipeline company that owns and operates the natural gas pipeline that provides natural gas to the Companyâs ethanol production facility and other customers through a connection with the natural gas pipeline facilities of Northern Border Pipeline Company in Cottonwood County, Minnesota.
HERON LAKE BIOENERGY, LLC 
