Construction on our municipal solid waste to ethanol plant, Sierra BioFuels, is set to begin in the 4th quarter of 2008. Located in the Tahoe-Reno Industrial Center, in the City of McCarran, Storey County, Nevada, the plant will convert 90,000 tons of MSW into 10.5 million gallons of ethanol per year.

We have already obtained the necessary local and state regulatory permits necessary to begin site preparation, we have begun detailed engineering of the plant design, contracted for feedstock and have secured the licenses for technology. As such, we are projecting completion of the plant in early to mid-2010, making Sierra BioFuels one of the nation’s first fully operational, commercial-scale MSW to ethanol production plants.