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Green Plains Inc.

Company Summary

Financial Data:

NASDAQ:GPRE from Google Finance

Tickers:

  • GPRE - NASDAQ

Related Entities

Recent news

  • 12/22/2022 - Green Plains, Tallgrass... (subscriber access)
  • 4/30/2021 - Green Plains Signs... (subscriber access)
  • 1/28/2021 - Green Plains Divests 65... (subscriber access)
  • 12/15/2020 - Green Plains Inc.... (subscriber access)
  • 6/21/2019 - Green Plains Energy... (subscriber access)

Company Transactions

Date: 1/28/2021
Type: Acquisition

BUYERS:
  • GreenAmerica Biofuels Ord LLC
    • SELLERS:
  • Green Plains Inc.
  • Green Plains Ord LLC
    • ASSETS:
  • Ord Ethanol Plant
    • DETAILS:

    COST: 64 $MM

    NOTES:
    Green Plains has sold its Ord, Nebraska 64 million gallon ethanol plant to GreenAmerica Biofuels Ord LLC for $64 million. They also agreed to sell related storage, transport and railcar leases to Green Plains Partners LP for $27 million. The storage and throughput agreement was also amended to a minimum of 217.7 million gallons per quarter and extended to June 30, 2029.
    REGIONS:
  • Midwest

    • Date: 1/15/2021
    Type: Acquisition

    BUYERS:
  • Hereford Ethanol Partners, L.P.
    • SELLERS:
  • GREEN PLAINS HEREFORD LLC
  • Green Plains Inc.
    • ASSETS:
  • Green Plains Hereford Ethanol Plant
    • DETAILS:

    COST: 39 $MM

    NOTES:
    Green Plains has reached a deal to sell their 100 MM gallon Hereford, TX ethanol plant for $39 million to Hereford Ethanol Partners, L.P. The deal also included a $75 million earnout provision tied to carbon capture earnings over a ten year period. That earnout begins in the first full quarter following the completion of upgrades to the biorefinery that will take 24 months from the closing of this deal.
    REGIONS:
  • South Central

    • Date: 12/31/2018
    Type: Acquisition

    BUYERS:
  • Green Plains Inc.
    • SELLERS:
  • Green Plains Partners L.P.
    • DETAILS:

    COST: 120.9 $MM

    NOTES:
    Green Plains acquired the storage and transportation assets and the assignment of railcar leases associated with the Iowa, Indiana, and Michigan ethanol plants from Green Plains Partners for roughly 8.9 million units valued at $120.9 million. The companies also agreed to extend the storage and throughput services agreement an additional three years to June 30, 2018. The quarterly minimum volume commitment for the storage and transportation services will be 235.7 million gallons. The transaction is expected to close in 4Q18.

    Date: 12/31/2018
    Type: Acquisition

    BUYERS:
  • Valero Renewables
    • SELLERS:
  • Green Plains Inc.
    • ASSETS:
  • Lakota Ethanol Plant
  • Bluffton Ethanol Plant
  • Riga Ethanol Plant
    • DETAILS:

    COST: 328 $MM

    VOLUMES: 280 Gallons (Millions)

    NOTES:
    Greens Plains today reached an agreement with Valero Renewable Fuel Company to sell three of its ethanol plants located in Iowa, Indiana, and Michigan for $300 million, in addition to roughly $28 million of working capital also paid in cash. The transaction contains 280 million gallons of nameplate capacity and is expected to close in 4Q18.