Advanced BioEnergy
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Investor Relations

Recent Communications

Initial Distribution

On January 14, 2020, the Board of Directors authorized an initial distribution to Members of $7.88 million or $0.31 per unit, payable to Members of record as of January 24, 2020. The Company mailed each Member the initial distribution, with a brief summary of the Company’s windup process, beginning January 24, 2020. 

If you are a unit holder and have not yet received your check, please contact us at members@advancedbioenergy.com or via U.S. mail at: PO Box 201759, Bloomington, MN 55420.  Please see the link below for a copy of the letter that was sent with the distribution check.  The letter also addresses expected timing of the second and final unit holder distribution.

January 24, 2020 Unit Holder Letter


Other Information

As previously disclosed in filings with the Securities and Exchange Commission (“SEC”), Advanced BioEnergy, LLC (the Company”), ABE South Dakota, LLC and Glacial Lakes Energy, LLC closed the previously described Asset Sale on December 19, 2019.

Upon the closing of the Asset Sale, the Company commenced its liquidation in accordance with the Plan of Liquidation adopted by the Company’s Members at a Special Meeting of Members held on September 19, 2019.

In connection with the Company’s liquidation, the Company’s Board of Directors determined that the Company’s transfer records would be closed from and after the close of business on December 19, 2019. Accordingly, as of December 19, 2019, the holders of units ceased to have any rights in respect of these units except the right to receive distributions, if any, pursuant to and in accordance with the Plan of Liquidation, the Company’s Operating Agreement and Delaware law. In addition, ABE is deemed dissolved under Delaware law and continues to exist for the sole purpose of converting its assets into cash, paying or making provision for the payment of its liabilities and after this is completed, distributing its remaining assets to its Members.


Contact Us

We no longer have employees at Advanced BioEnergy.  If you need to contact us regarding an address change or other unit holder matter, please email: members@advancedbioenergy.com or you may send mail to P.O. Box 201759, Bloomington, MN 55420