NEW YORK (DTN) -- Green Plains Renewable Energy, Inc., on Monday, Nov. 25, announced it completed the previously-announced acquisition of two ethanol plants at a cost of $101 million.
The two plants in Wood River, Neb., and Fairmont, Minn., were sold to Omaha, Neb.-based Green Plains by Ethanol Holding Company, LLC.
The acquisition increases Green Plains' production capacity to over 1.0 billion gallons of ethanol per year. The plants have a combined capacity of 220 million gallons a year.
"Our team worked to quickly complete this acquisition and will now move to integrate these two plants into our platform as ...