VeraSun Energy and Enterprise Rent-A-Car Announce Initiative to Expand E85 Use
Companies Combine Efforts to Offer VeraSun's E85 to Consumers
BROOKINGS, S.D. and ST. LOUIS, July 17 -- VeraSun Energy Corporation , one of the nation's largest ethanol producers, and Enterprise Rent-A-Car, the largest rental car company in North America, today announced they will work collaboratively to promote the use of VE85(TM), VeraSun's branded E85, in Enterprise's Flexible Fuel Vehicles (FFV). The partnership will concentrate Enterprise's FlexFuel Vehicles near strategic VE85(TM) fueling locations.
Enterprise has the world's largest FFV fleet with more than 41,000 cars and trucks capable of using E85 (85% corn-based ethanol and 15% petroleum). Under the agreement, Enterprise will concentrate FFVs at designated "VE85/FlexFuel" rental branch offices and commit to fuel those vehicles with VE85(TM). Participating Enterprise locations will be located near commercial fueling stations that carry VE85(TM). Today, VE85(TM) is available at more than 90 retail locations nationwide.
"We are very pleased to be working with Enterprise on this initiative. More and more consumers want to experience firsthand the opportunity to embrace environmentally friendly alternatives such as our cleaner burning VE85(TM) biofuel," said William L. Honnef, VeraSun Senior Vice President, Sales and Marketing. "This partnership gives consumers that opportunity by making FFVs powered by E85 available for trial. This is another step forward in our continuing pursuit to move E85 further into the mainstream and to support those retailers who are making the fuel available in their marketplace."
"With nearly one million vehicles in our fleet, Enterprise Rent-A-Car understands the importance of embracing economically viable, renewable fuels aimed at reducing the world's and our dependency on finite fossil fuels," said Matthew G. Darrah, Senior Vice President of North American Operations for Enterprise. "With 41,000 FlexFuel vehicles in our fleet and a commitment to group as many of these vehicles as possible near VE85(TM) fueling stations, we can give these environmentally friendly alternatives an opportunity to prove themselves to consumers. VeraSun is the perfect partner for this effort."
Recently VeraSun and Enterprise, along with General Motors, opened the first retail E85 fueling location in the Washington, D.C., metro area. Enterprise designated its premier rental location in the nation's capitol as a VE85/FlexFuel Branch.
E85 has the highest oxygen content of any fuel available today, therefore burning much cleaner than gasoline and creating a cleaner and greener environment for future generations. Research has shown that the use of E85 alone reduces ozone-forming pollution up to 20 percent and reduces greenhouse gas emissions by 30 percent.
About VeraSun Energy Corporation
VeraSun Energy Corporation , headquartered in Brookings, South Dakota, is a leading producer of renewable fuel. The Company has three operating ethanol production facilities located in Aurora, SD, Fort Dodge, IA, and Charles City, IA. Two facilities are currently under construction in Hartley, IA, and Welcome, MN, and an additional plant under development in Reynolds, IN. Upon completion of the new facilities, VeraSun will have an annual production capacity of approximately 670MMGY. The Company also has plans to extract oil from dried distillers grains, a co-product of the ethanol process, for use in biodiesel production.
The Company 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(TM). VE85(TM), the first-ever branded E85, is now available at more than 90 retail locations. For more information, please visit VeraSun's Web sites at http://www.verasun.com/ or http://www.ve85.com/.
About Enterprise Rent-A-Car
Founded in 1957, Enterprise-Rent-A-Car is headquartered in St. Louis and serves customers in the United States, Canada, the U.K., Ireland, and Germany. Enterprise ranks No. 21 on the Forbes Top 500 Private Companies in America. Enterprise has ranked highest in customer satisfaction among airport car rentals in seven out of the past eight years, according to the J.D. Power and Associates Rental Car Satisfaction Study(SM). For more information about Enterprise, visit http://www.enterprise.com/.