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SAN FRANCISCO (MarketWatch) -- The Department of Energy said Wednesday it will invest up to $385 million for six biorefinery projects over the next four years. Combined with the industry cost share, more than $1.2 billion will be invested in the six projects, which are expected to produce more than 130 million gallons of cellulosic ethanol per year, the government said. The projects include a plant in Emmetsburg, Iowa, run by Broin Cos., whose partners include DuPont ; a plant in LaBelle, Fla., run by Alico Inc. , whose partners include Washington Group International ; a plant in Southern California run by BlueFire Ethanol Inc. , whose partners include Waste Management Inc. ; and a plant in Soperton, Ga., run by Iogen Biorefinery Partners LLC, whose partners include Goldman Sachs and Royal Dutch Shell .
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