Green Plains Inc. to Sell Tennessee Ethanol Plant to POET LLC for $190 Million

Reuters

08/28

Green Plains Inc. to Sell Tennessee Ethanol Plant to POET LLC for $190 Million

Green Plains Inc. has announced an agreement to sell its ethanol plant located in Rives, Tennessee, to POET LLC for $190 million in cash. This amount includes an estimated $20 million of working capital, which will be adjusted at closing. The proceeds from this sale will be used to fully retire Green Plains' junior mezzanine notes due in 2026 and improve liquidity. The transaction is expected to close during the third quarter of 2025, pending customary closing conditions and regulatory approvals. CEO Chris Osowski emphasized that this sale is part of the company's strategy to enhance shareholder value and strengthen its balance sheet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Green Plains Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001309402-25-000137), on August 27, 2025, and is solely responsible for the information contained therein.

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ID: 0001309402-25-000137), on August 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4138","symbol_name":"石油与天然气的炼制和营销","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250827:nNDL9LLl2b:1","article_id":"2562172720","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562172720","pubTimestamp":1756325804,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Green Plains Inc. has announced an agreement to sell its ethanol plant located in Rives, Tennessee, to POET LLC for $190 million in cash. 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