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Green Plains to Sell Ord, Nebraska Ethanol Plant for $64 Million

Jan 27, 2021 at 02:46 PM CST

Omaha-based Green Plains Inc. entered into an asset purchase agreement with GreenAmerica Biofuels Ord LLC to sell its 65-million-gallon ethanol plant in Ord, Nebraska, for $64 million and working capital. According to a news release from Green Plains Ord also entered into an asset-purchase agreement to acquire the storage and transportation assets and railcar leases associated with the Ord ethanol plant for $27 million.