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Valero Renewables

Company Summary

Recent news

  • 11/15/2018 - Green Plains Closes on... (subscriber access)
  • 10/11/2018 - Green Plains Sells Three... (subscriber access)

Company Transactions

Date: 12/31/2018
Type: Acquisition

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.