NEWS
Tue Nov 5, 2013 09:25 AM CST

NEW YORK (DTN) -- Green Plains Renewable Energy, Inc., on Tuesday said it has entered into a definitive agreement to acquire two BioFuel Energy Corp. ethanol plants from an entity composed of its lender group at a cost of $101 million.

The ethanol plants with a combined capacity of 220 million gallons a year are located in Wood River, Neb., and Fairmont, Minn.

Green Plains is based in Omaha, Neb.

The acquisition will boost Green Plains' annual production capacity by 28% to over 1.0 billion gallons of ethanol, 2.9 million tons of distillers' grains and 230 million pounds of corn ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories