Welcome to our dedicated page for Green Plains news (Ticker: GPRE), a resource for investors and traders seeking the latest updates and insights on Green Plains stock.
Green Plains Inc. (GPRE) operates at the intersection of agriculture and renewable energy as a leader in ethanol production and diversified commodity processing. This news hub provides investors and industry professionals with centralized access to official announcements, financial updates, and strategic developments.
Track key business activities through press releases covering quarterly earnings, sustainability initiatives, and operational expansions. Our curated collection ensures timely updates on GPRE's grain storage innovations, cattle feedlot operations, and logistics partnerships that drive market performance.
Discover how Green Plains navigates commodity markets while advancing clean energy solutions. Bookmark this page for direct access to verified information on production milestones, regulatory compliance updates, and value-driven partnerships shaping the agribusiness sector.
Green Plains Inc. (NASDAQ: GPRE) announces a strategic investment from BlackRock and Ospraie Management in Fluid Quip Technologies. This partnership includes a $125 million mezzanine note facility with a 5-year maturity, aimed at funding the deployment of Ultra-High Protein technology at facilities in Obion and Mount Vernon. BlackRock also acquired 2 million warrants for GPRE stock at a strike price of $22. CEO Todd Becker highlighted that this financing validates their transformation strategy and is expected to enhance financial goals for 2023 and 2024.
Green Plains Inc. (NASDAQ:GPRE) announced the sale of its 65 million gallon ethanol plant in Ord, Nebraska, to GreenAmerica Biofuels Ord LLC for $64 million plus working capital. This move is part of Green Plains' strategy to fund its Ultra-High Protein production technology. The sale is projected to yield a pre-tax gain of approximately $37 million. Additionally, Green Plains Ord LLC will acquire related storage and transportation assets for $27 million, aimed at reducing Partnership debt. Both transactions are expected to close within 45 days, subject to customary conditions.
Green Plains Inc. (NASDAQ:GPRE) will feature CEO Todd Becker and Ospraie's Dwight Anderson in a webinar titled “Agtech, Protein and the Biorefinery” on January 28, 2021, at 1:00 p.m. Central time. They will discuss Green Plains' recent acquisition of Fluid Quip Technologies LLC, focusing on Ultra-High Protein production, renewable corn oil, and clean sugar technology. Additionally, they will highlight advancements at the Green Plains York Innovation Center, emphasizing sustainable alternative proteins and synthetic biology. The session will be available on the company's website.
Green Plains Inc. (NASDAQ:GPRE) will announce its fourth quarter and full year 2020 financial results on February 9, 2021, after market closure. A conference call to discuss the results will be held on February 10, 2021, at 11 a.m. ET. The company focuses on biorefining, creating low carbon biofuels and high purity alcohols, and also holds significant interests in Green Plains Partners LP. Investors can join the call by dialing provided numbers or accessing via the company websites.
Green Plains (NASDAQ:GPRE) and Ospraie Management announced the construction of a Clean Sugar Technology™ (CST) production facility at the York Innovation Center. This facility will transform dry milling operations into a biorefinery, making dextrose the main output instead of ethanol. Initial production is expected to reach 2.5 million pounds per year by Q1’s end. The technology aims to reduce carbon intensity and meet growing demand across various industries, particularly food production and renewable chemicals.
Green Plains Inc. (NASDAQ:GPRE) has successfully completed its upgrade to produce United States Pharmacopeia (USP) Grade alcohol at its York, Neb. biorefinery. This upgrade allows the facility to produce up to 50 million gallons per year, catering to the demand for high-purity alcohol in cleaning products and sanitizers. The company plans to further enhance capabilities by upgrading to Grain Neutral Spirits (GNS) to target beverage alcohol markets. These developments are expected to strengthen Green Plains' financial position and support its Ultra-High Protein project.
Green Plains (NASDAQ:GPRE) has acquired a majority interest in Fluid Quip Technologies, led by Ospraie Management LLC, to enhance sustainable agriculture solutions. This partnership aims to utilize advanced technologies to produce high-concentration protein ingredients for pet food and aquaculture markets. The collaboration will boost Green Plains' production capabilities and accelerate the deployment of Ultra-High Protein technology. By transitioning from a commodity processor to a value-added technology firm, Green Plains seeks to improve its market position, reduce carbon impact, and optimize operational efficiencies.
Green Plains Inc. (NASDAQ:GPRE) announced the sale of its Hereford, Texas ethanol plant to Hereford Ethanol Partners, L.P. for $39 million, plus working capital. An earnout provision of up to $75 million based on future earnings related to Low Carbon Fuel Standard credits is included. The company also reported the sale of storage assets for $10 million, with proceeds used to repay debt. With a focus on sustainable biofuels and grain processing, Green Plains remains committed to its diversified operations.
Green Plains Inc. (NASDAQ:GPRE) has announced the sale of its Hereford, Texas ethanol plant to Hereford Ethanol Partners, L.P. for $39 million, plus potential future earnings of up to $75 million. This strategic move enables Green Plains to refocus on its Ultra-High Protein technology and sustainable protein production. The company anticipates a pre-tax, non-cash charge of approximately $23 million related to this transaction, expected to close within 30 days. Green Plains will also acquire storage and transportation assets for $10 million as part of the deal.
Green Plains Inc. (NASDAQ:GPRE) will have Todd Becker, president and CEO, present at the Stephens Annual Investment Conference on Nov. 18, 2020, at 2:00 p.m. ET. This virtual event will include a live webcast accessible on the Investors page of Green Plains’ website. The company is recognized as a leading corn processor and is engaged in sustainable biofuels production and high-protein feed ingredients. Additionally, Green Plains holds significant interests in Green Plains Partners LP, enhancing its market position.
