Renewable energy developer Orion Ethanol has acquired a corn fructose wet milling facility located in Dimmitt, Texas, from Dimmitt Ethanol for $2.5 million in cash due at closing, a subordinated promissory note of $2.5 million bearing 3.5% annual interest and eight million common shares.

To: ENERGY EDITORS Contact: David K. Waldman or Klea K.

By Adam Wilmoth, The Daily Oklahoman Aug. 30--Dallas-based Orion Ethanol announced plans Tuesday to build $100 million worth of ethanol plants in Enid and Shattuck.