About Ringneck Energy

Our Mission:

To produce renewable energy that adds value to grain and livestock production, enhances the income of our investor partners, provide a safe rewarding work environment, and creates economic opportunities for the community.

Goals of for the Company:

  • Produce 80 million gallon per year of bio-fuel ethanol focusing on the local, regional and national markets and start of production June 2018.
  • Produce a high-protein feed source for the local livestock.
  • Return maximum profits to member investors.
  • Add value to agriculture in the area.
  • Meet the standard 20% reduction in greenhouse gas emissions.
  • Improve efficiency with the latest technology.

Goals of the Ringneck Energy, LLC Board:

  • Have a risk management program for the majority of input and output price risk.
  • Produce environmentally friendly products through environmentally friendly processes.
  • Operate efficiently and profitably without compromising the health or safety of our employees.
  • Recognize our role in enhancing rural development and the profitability of agriculture, through value added processing.
  • Investigate the opportunities for new technologies or expansion, and encourage continuing education for all employees.

Local Community Benefits

  • Ringneck Energy & Feed, LLC intends to use local products and services whenever possible, both during and after plant construction.
  • Excellent employment opportunity: Anticipated 40 to 45 quality jobs to area residents.
  • Large quantity of high quality feed.
  • Offer an additional market for local farmers and livestock producers.

United States and Environmental Benefits

  • Decreased dependency on foreign oil.
  • Cleaner burning renewable fuel.
  • Positive energy conversion rate (+34 percent) per U.S. Department of Agriculture (USDA).
Team

Walt Wendland

Walt Wendland

Walt Wendland

Mr. Wendland is our Chairman, President and CEO. Mr. Wendland served as President and CEO for Golden Grain Energy, LLC near Mason City from 2002 until May 2014 and Homeland Energy Solutions, LLC near Lawler from December 2008 until November 2014 with oversight of all operations and activities with combined capacity of 250 million gallons of ethanol per year.

Mr. Wendland is also an investor in Golden Grain Energy, LLC, Homeland Energy Solutions, LLC and Absolute Energy, LLC. For the past six years, he has also co-owned and co-managed with his spouse, Janet Wendland (our Secretary and Treasurer), approximately 1,540 acres farmland in Iowa and 2,200 acres of farmland in Hyde and Buffalo Counties in South Dakota.

Mr. Wendland also served as a director, on the executive committee, and Secretary of Renewable Products Marketing Group (RPMG), a private company, director and chairman of the risk management committee of Guardian Energy, a private company, served on the advisory committee of Ethanol Risk Management SPC and was chairman of the Casualty Risk Control committee. Mr. Wendland is also involved in several industry organizations and was a founding member of the Iowa Renewable Fuels Association.

Mr. Wendland has twice served as President of the Iowa Renewable Fuels Association and previously served as Treasurer, director and member of the executive committee of the national Renewable Fuels Association.