Green Plains Renewable Energy buys back stake from NTR

September 13, 2011 |

In Nebraska, NTR will sell part of its 31% stake in Green Plains Renewable Energy back to the company at $8 per share totaling $28 million for 3.5 million shares. NTR owns a total of 11.2 million shares. Green Plans will buy the shares back in two tranches, with half purchased within a week and the other half in 90 days.

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Category: Fuels

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