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VeraSun Energy Retains Morgan Stanley to Evaluate Strategic Alternatives
Thursday, September 18, 2008 10:39 PM


SIOUX FALLS, S.D., Sept. 18 /PRNewswire-FirstCall/ -- In light of strategic interest expressed by multiple parties during its current equity offering, VeraSun Energy Corporation ('VeraSun') (NYSE: VSE) has retained Morgan Stanley to act in an advisory capacity to evaluate strategic alternatives. In addition, VeraSun suspended its previously announced equity offering.

About VeraSun Energy Corporation

VeraSun Energy Corp. (NYSE: VSE), headquartered in Sioux Falls, S.D., is a leading producer and marketer of ethanol and distillers grains. Founded in 2001, the company has a fleet of 16 production facilities in eight states, of which one is still under construction. VeraSun is scheduled to have an annual production capacity of approximately 1.64 billion gallons of ethanol and more than five million tons of distillers grains by the end of 2008.

VeraSun also markets E85, a blend of 85 percent ethanol and 15 percent gasoline for use in Flexible Fuel Vehicles (FFVs), directly to fuel retailers under the brand VE85(R). For more information, please visit VeraSun Energy's websites at http://www.verasun.com or http://www.VE85.com.

SOURCE VeraSun Energy Corporation

(Source: PR Newswire )


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