Urbana Corporation invests in Canada’s largest ethanol coop producer

In Canada, Urbana Corporation has purchased 1,400,999 shares of IGPC Class E preferred shares representing 12.78% of the equity of Integrated Grain Processors Co-operative Inc. (“IGPC”), Canada’s largest cooperatively owned fuel ethanol producer, from existing shareholders.

In addition, Urbana previously purchased $1 million in IGPC’s 7% debentures maturing July 31st, 2023. As well as helping the environment through funding the reduction of fossil fuel emissions, Urbana’s investment in IGPC supports Ontario’s farmers and the rural Ontario economy.