UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): August 1, 2013
Heron Lake BioEnergy, LLC
(Exact name of Registrant as Specified in its Charter)
Minnesota
(State Or Other Jurisdiction Of Incorporation)
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000-51825 |
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41-2002393 |
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(Commission File |
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(I.R.S. Employer |
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91246 390th Avenue Heron Lake, MN |
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56137-1375 |
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(Address Of Principal Executive Offices) |
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(Zip Code) |
(507) 793-0077
Registrants Telephone Number, Including Area Code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Items under Sections 1 through 6 and 8 are not applicable and therefore omitted.
ITEM 7.01 REGULATION FD DISCLOSURES.
On August 1, 2013, Heron Lake BioEnergy, LLC (the Company) issued a joint press release with Granite Falls Energy, LLC (GFE) announcing that GFE has acquired a majority interest in the Company. In connection with this new strategic partnership, GFE will provide management services to the Company and appoint a majority of the members of the Companys board of governors. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
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Exhibit No. |
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Description |
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99.1 |
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Joint press release of Heron Lake BioEnergy, LLC and Granite Falls Energy, LLC dated August 1, 2013 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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HERON LAKE BIOENERGY, LLC | |
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By: |
/s/ Steve Christensen |
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Steve Christensen |
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Chief Executive Officer |
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Date: August 1, 2013 |
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EXHIBIT 99.1
NEWS RELEASE
Granite Falls Energy Acquires Majority Interest in Heron Lake BioEnergy
HERON LAKE, MN August 1, 2013 Granite Falls Energy, LLC and Heron Lake BioEnergy, LLC announced today that Granite Falls Energy has acquired a majority interest in Heron Lake BioEnergy. Pursuant to this new strategic partnership, Granite Falls Energy will provide management services to Heron Lake BioEnergy and appoint a majority of the members of its board of governors. The Heron Lake BioEnergy plant, located near Heron Lake, Minnesota, has an annual production capacity of 58 million gallons and sells livestock feed and corn oil as co-products of fuel ethanol production.
Granite Falls Energy is pleased with the opportunity to invest in an excellent company like Heron Lake BioEnergy and to lend our management team to the mutual effort, said Paul Enstad, Chairman of the Granite Falls Energy board. This combination with another great rural Minnesota ethanol producer fits well within our vision for Granite Falls Energy.
Heron Lake BioEnergy welcomes our friends from Granite Falls, said David Woestehoff, a founding governor of Heron Lake BioEnergy. This is a great opportunity for both companies. We look forward to moving this company forward and believe this arrangement will provide the best return to our shareholders.
About Granite Falls Energy
Granite Falls Energy, LLC is a Minnesota limited liability company comprised of over 900 investors. Granite Falls Energy produces fuel-grade ethanol, distillers grains, and crude corn oil in its plant near Granite Falls, Minnesota, with an annual production capacity of 60 million gallons of undenatured ethanol. For more information, contact Steve Christensen at (320) 564-3100 or visit www.granitefallsenergy.com.
About Heron Lake BioEnergy
Heron Lake BioEnergy, LLC is a Minnesota limited liability company comprised of over 1100 investors. Heron Lake BioEnergy produces fuel-grade ethanol, distillers grains, and crude corn oil in its plant near Heron Lake, Minnesota, with an annual production capacity of 58 million gallons of undenatured ethanol. For more information, contact Steve Christensen at (320) 564-3100 or visit www.heronlakebioenergy.com.