Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

HIGHWATER ETHANOL, LLC

(HEOL)
SummaryQuotesChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

HIGHWATER ETHANOL LLC : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

09/01/2020 | 03:40pm EDT

Item 1.01 Entry Into a Material Definitive Agreement

On August 26, 2020, Highwater Ethanol, LLC (the "Company") and Nelson Baker Biotech, Inc. ("Nelson Baker") executed an agreement (the "Construction Agreement") for the installation of a system to produce 20MGY Hydrous USP Grade Ethanol (the "Project") which is used in the sanitizer market. The Construction Agreement provides for a fixed price which includes design, engineering and construction management. Nelson Baker will issue monthly applications for payment based on progress. Final payment is due upon final completion of the work. Nelson Baker warrants construction, materials and workmanship to be free from material defects for one year.

Highwater may suspend work for a period of not more than 60 days, subject to a potential adjustment in price and contract time, and may terminate for cause after notice and opportunity to cure. Nelson Baker may stop work or terminate if Highwater suspends work for more than 60 days or if Highwater fails to make a payment when due after notice and opportunity to cure. Disputes are subject to mediation and binding arbitration.

Highwater expects that construction will commence before the end of this fiscal year and the Project will be completed during the second fiscal quarter of 2021.

Item 9.01 Financial Statements and Exhibits

(a) None.



(b) None.



(c) None.



(d) Exhibits



Exhibit No.      Description

99.1 Agreement Between Highwater Ethanol, LLC and Nelson Baker Biotech, Inc. **

**Confidential information redacted.

© Edgar Online, source Glimpses

All news about HIGHWATER ETHANOL, LLC
09/16HIGHWATER ETHANOL LLC : Regulation FD Disclosure, Financial Statements and Exhib..
AQ
09/10HIGHWATER ETHANOL LLC : Management's Discussion and Analysis of Financial Condit..
AQ
09/10Highwater Ethanol, Llc Reports Earnings Results for the Third Quarter Ended J..
CI
06/11HIGHWATER ETHANOL LLC : Management's Discussion and Analysis of Financial Condit..
AQ
06/11Highwater Ethanol, Llc Reports Earnings Results for the Second Quarter Ended ..
CI
03/22HIGHWATER ETHANOL LLC : Entry into a Material Definitive Agreement, Financial St..
AQ
03/12HIGHWATER ETHANOL LLC : Submission of Matters to a Vote of Security Holders (for..
AQ
03/10HIGHWATER ETHANOL LLC : Management's Discussion and Analysis of Financial Condit..
AQ
02/26HIGHWATER ETHANOL LLC : Change in Directors or Principal Officers (form 8-K)
AQ
02/26Highwater Ethanol, LLC Appoints Gerald R. Forsythe to the Board
CI
More news
Financials (USD)
Sales 2020 97,3 M - -
Net income 2020 -6,37 M - -
Net Debt 2020 13,8 M - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 29,9 M 29,9 M -
EV / Sales 2019 0,49x
EV / Sales 2020 0,43x
Nbr of Employees 43
Free-Float 86,2%
Chart HIGHWATER ETHANOL, LLC
Duration : Period :
Highwater Ethanol, LLC Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Brian D. Kletscher Chief Executive Officer
Lucas G. Schneider Chief Financial Officer
David Gerald Moldan Chairman-Governors Member
Rachel Imker Head-Human Resources & Administration
Russell Jon Derickson Independent Member-Governors Board
Sector and Competitors
1st jan.Capi. (M$)
HIGHWATER ETHANOL, LLC0.00%30
VERBIO VEREINIGTE BIOENERGIE AG78.83%4 060
ITM POWER PLC-23.91%2 973
RENEWABLE ENERGY GROUP, INC.-31.90%2 423
NEL ASA-56.08%2 139
GREEN PLAINS INC.164.09%1 866