EL CENTRO — An ethanol and power plant that would bring in nearly 300 local jobs to the area would still cost about $900 million to build the Agricultural Benefit Advisory Committee was told in s special meeting Monday afternoon.

David R. Rubenstein, co-founder, CEO and president of California Ethanol & Power LLC, hopes to have the financing in place by the end of September with the two-year construction timeline to start by the end of the year.

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