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Renewable Fuels

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Green Plains acquires Abengoa ethanol storage assets

Monday, 26 Sep 2016 09:01am EDT

Green Plains Partners LP : Co says deal for $90 million . Partnership used its revolving credit facility, which was recently expanded, to fund purchase . Storage and throughput agreement amended to increase minimum volume commitment to 296.6 million gallons per quarter . Storage and throughput agreement between Green Plains Partners And Green Plains Trade was amended as part of transaction .Terms of drop down transaction were approved by board of directors of general partner and board of directors' conflicts committee.

United States Bankruptcy Court entered orders approving co's acquisition deals to purchase three ethanol plants

Wednesday, 31 Aug 2016 06:15am EDT

Green Plains Inc : United States bankruptcy court entered orders approving co's acquisition deals to purchase three ethanol plants from abengoa bioenergy . Company will purchase Madison, Illinois; Mount Vernon, Indiana and York, Nebraska ethanol facilities .Deal for for approximately $237 million in cash.

Green Plains to buy three Abengoa bioenergy ethanol plants

Monday, 22 Aug 2016 09:11pm EDT

Green Plains Inc : Green plains to purchase three Abengoa bioenergy ethanol plants . Says deal for approximately $237 million in cash, plus certain working capital adjustments . To buy Madison, Ill., Mount Vernon, Ind, York, Neb. ethanol facilities, with combined annual production capacity of 236 million gallons/year .Upon completion of acquisitions, will own and operate 17 dry mill ethanol facilities.

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