CHS will operate Provista under its present name and leadership. Provista reportedly markets more than 550 million gallons of ethanol annually.
CHS noted that, combined with its strengths in transportation, logistics, marketing and risk management, Provista offers a full range of solutions for the renewable fuels industry.
Leon Westbrock, CHS’s executive vice president and COO for energy, said: As sole owner of this successful renewable fuels marketing and distribution operation, CHS looks forward to new opportunities to connect biofuels producers and blenders quickly and efficiently as the alternative fuels industry continues to grow.