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Former Energae LP officer subpoenaed

Published 10/29/2013, Agweek

A former president of Energae LP of Clear Lake, Iowa, confirms to Agweek that the Internal Revenue Service had subpoenaed him to testify to a grand jury on Oct. 23 in federal court in Cedar Rapids, Iowa. Energae is a biofuel manufacturer that in 2012 tried in vain to develop a beet-to-ethanol plant in Grafton, N.D., and has sold company shares and tax credits in North Dakota.

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