May 9, 2007 Sam Cogdill Amaizing Energy Holding Company, LLC 2404 West Highway 30 Denison, Iowa 51442 Re: NEK-SEN Energy, LLC Letter of Intent Dear Sam:

EXHIBIT 10.27

XXXXX, INC.


Civil — Mechanical — Electrical Contractors 000 Xxxx Xxx, 000, P.O. Box 159
Granite Falls, MN 56241
000-000-0000
000-000-0000 fax

May 9, 2007

Xxx Xxxxxxx
Amaizing Energy Holding Company, LLC
0000 Xxxx Xxxxxxx 00
Xxxxxxx, Xxxx 00000

     Re: NEK-SEN Energy, LLC Letter of Intent

Dear Xxx:

     This letter (the “Letter Agreement”), when signed by you in the space set forth below, will confirm the agreement between Amaizing Energy Holding Company, LLC (“AEHC”), and Xxxxx, Inc. (“Xxxxx”) (sometimes collectively referred to as the “Parties”) with respect to the matters set forth herein relative to the amendment of that certain Letter of Intent between Xxxxx and NEK-SEN Energy, LLC (“NEK-SEN”) dated May 5, 2006, which was assigned to Amaizing Energy, LLC with Xxxxx’x consent on August 23, 2006.

RECITALS

     A. Whereas, Xxxxx and XXX-XXX have entered into and executed that certain Letter of Intent dated May 5, 2006 (the “Letter of Intent”) with respect to the construction of a fifty (50) million gallon per year (“MGY”) dry grind ethanol production facility; and

     B. Whereas, the Letter of Intent identified NEK-SEN as Owner of the Plant and as counterparty to the Letter of Intent between Xxxxx and Owner; and

     C. Whereas, pursuant to an August 8, 2006 agreement between Amaizing Energy, LLC and NEK-SEN, NEK-SEN granted, transferred and conveyed all of its rights and interest in the Letter of Intent to Amaizing Energy, LLC and on August 23, 2006 Xxxxx consented to such assignment of the Letter of Intent.

     D. Whereas, on January 31, 2007 Amaizing Energy, LLC was merged with and into Amaizing Energy Xxxxxxx, LLC (“Denison LLC”), a wholly owned subsidiary of AEHC, both of which are Iowa Limited Liability Companies formed on December 26, 2006.

     F. Whereas, AEHC has requested that the Letter of Intent be amended as provided herein.

     Now, therefore, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

	1.		the Letter of Intent shall be amended to provide for the development of a one hundred (100) MGY natural gas-fired dry grind ethanol production facility near Atlantic, Iowa;
	2.		the Contract Price contained in Section 2 of the Letter of Intent shall be $119,698,365 and the Construction Cost Index referenced in the Letter of Intent shall be 7,699.59 (June 2006);
	3.		if a valid Notice to Proceed is not received by Xxxxx on or before February 28, 2008, then Xxxxx may terminate the Letter of Intent and shall be entitled to collect and retain any and all payments owed by or previously paid by AEHC or its affiliated entities and subsidiaries to Xxxxx or Xxxxx Engineering, LLC relating to the Project;
	4.		the nonrefundable $1,000,000 commitment fee paid by Amaizing Energy, LLC to Xxxxx on August 23, 2006 shall be applied toward the above referenced Letter of Intent contract price and shall not apply to any other project or agreement with which either Xxxxx or AEHC is associated;
	5.		Section 3(x)i. of the Letter of Intent, shall be amended and replaced in its entirety with the following:

“On or before the twenty-fifth (25^th) day of each month following the acceptance of Notice to Proceed Xxxxx will submit to Owner a request for payment (an “Application for Payment”). Along with each Application for Payment, except with respect to the first Application for Payment, Xxxxx will submit to Owner, via hardcopy or by electronic means including facsimile or portable document format, signed lien waivers for the work included in the Application for Payment submitted for the immediately preceding pay period and for which payment ha been received.”

	6.		the other provisions of the Letter of Intent shall remain unchanged and in full force and effect; and
	7.		the terms of this letter shall control any conflict between this letter and the Letter of Intent.

     If the foregoing terms accurately reflect your understanding and are acceptable to you, please sign and return the enclosed counterpart of this letter to Xxxx Xxxxxxx.

	Yours sincerely, Xxxxx, Inc.
	/s/ Xxx Xxxxx
	By: Xxx Xxxxx
	Title:	President & CEO

Accepted and agreed to this 9^th day of May, 2007.

AMAIZING ENERGY HOLDING COMPANY, LLC

/s/ Xxx Xxxxxxx

By: Xxx Xxxxxxx
Its: Chairman