Tag: Green Plains

Green Plains sees 2017 ethanol exports remaining steady at 1.1 billion gallons

Green Plains sees 2017 ethanol exports remaining steady at 1.1 billion gallons

February 9, 2017 |

In Missouri, Green Plains’ CEO said an earnings call that despite an expected decrease in demand from China for US ethanol exports, the company expects annual exports to remain steady in 2017 at around 1.1 billion gallons, with 350 million gallons expected for export during Q1. The company plans to export about 25% of its […]

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Green Plains reports Q3 $42M in operating income, as revenues spike

Green Plains reports Q3 $42M in operating income, as revenues spike

November 6, 2016 |

In Nebraska, Green Plains reported Q3 net income of $7.9 million, or $0.20 per diluted share, for the third quarter of 2016 compared with net income of $6.2 million, or $0.16 per diluted share, for the same period in 2015. Revenues were $841.9 million for the third quarter of 2016 compared with $742.8 million for […]

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Green Plains sees tight global ethanol market in 2017

Green Plains sees tight global ethanol market in 2017

November 3, 2016 |

In Nebraska, Green Plains says stronger ethanol demand next year will outstrip US surplus to export, leading to a tighter market that will in turn support prices. With 1 billion gallons in exports seen in addition to 14.85 billion gallons of domestic ethanol consumption, demand should outstrip the 15.8 billion gallons the industry may be […]

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On the Acetic Prowl: The Digest’s 2016 Multi-Slide Guide to the Green Plains-Fleishmann acquisition

On the Acetic Prowl: The Digest’s 2016 Multi-Slide Guide to the Green Plains-Fleishmann acquisition

October 31, 2016 |

In a $250 million transaction this month, including working capital, Green Plains acquired Fleischmann’s Vinegar, financed with $135 million of debt with the balance paid from cash on hand. A group of lenders led by Maranon Capital, L.P provided a $130 million term loan and a $15 million revolving line of credit for this business unit. A […]

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Green Plains confirms closure of ethanol plants purchase from Abengoa

Green Plains confirms closure of ethanol plants purchase from Abengoa

September 27, 2016 |

In Missouri, Green Plains has confirmed closure of the ethanol plants that it bought from Abengoa in Madison, Illinois; Mount Vernon, Indiana; and York, Nebraska, adding another 236 million gallons of annual production to the company’s portfolio for $237 million. The company then turned around and sold the storage capacity at the three facilities to […]

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Green Plains holds ribbon cutting at Hopewell ethanol plant

Green Plains holds ribbon cutting at Hopewell ethanol plant

August 24, 2016 |

In Virginia, Green Plains continued its big week with the ribbon cutting of its newly acquired and renovated ethanol plant in Hopewell. Local elected officials as well as senior representatives from GPRE were present at the event celebrating the October 2015 acquisition from Future Fuels LLP for $18.25 million. Inclusion of corn oil extraction technology […]

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Green Plains successful in purchase of three Abengoa ethanol plants

Green Plains successful in purchase of three Abengoa ethanol plants

August 23, 2016 |

In Nebraska, Green Plains announced that it was the successful bidder on three ethanol plants for sale by Abengoa Bioenergy conducted under the provisions of the U.S. Bankruptcy Code. The company will purchase the Madison, Ill., Mount Vernon, Ind. and York, Neb. ethanol facilities, with combined annual production capacity of 236 million gallons per year, […]

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Abengoa plants go to Green Plains: Ethanol’s Jolly Giant gets bigger

Abengoa plants go to Green Plains: Ethanol’s Jolly Giant gets bigger

August 23, 2016 |

In Nebraska, word has arrived from Green Plains that it will purchase the Madison, Ill., Mount Vernon, Ind. and York, Neb. ethanol facilities from Abengoa Bioenergy with combined annual production capacity of 236 million gallons per year, for approximately $237 million in cash, plus certain working capital adjustments. The company said it was the successful […]

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Vertically-integrated ethanol producer, and more: The Digest’s 2016 Multi-Slide Guide to Green Plains

Vertically-integrated ethanol producer, and more: The Digest’s 2016 Multi-Slide Guide to Green Plains

August 23, 2016 |

Green Plains is a vertically-integrated ethanol producer based in Omaha, Nebraska. They currently have an ethanol production capacity of approximately 1.5 billion gallons per year with 17 plants located in Nebraska; Indiana; Minnesota; Iowa; Tennessee; Michigan; and Virginia. CEO Todd Becker recently gave these slides as part of a Green Plains investor overview.

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Green Plains prices $170M in new convertible

Green Plains prices $170M in new convertible

August 14, 2016 |

In Nebraska, Green Plains priced its offering of $170 million aggregate principal amount of convertible senior notes due 2022, which was upsized from the previously announced $150 million aggregate principal amount of notes. The notes will mature on September 1, 2022 and will bear interest at a fixed rate of 4.125% per year. On and […]

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