Green Plains Renewable Energy, Inc. announced recently that it had completed the previously-announced acquisition of two ethanol plants, located in Wood River, NE and Fairmont, MN, from Ethanol Holding Company, LLC, an entity composed of the predecessor owners' lender group. The acquisition increases Green Plains' production capacity to over one billion gallons of ethanol per year.
"Our team worked to quickly complete this acquisition and will now move to integrate these two plants into our platform as seamlessly as possible," stated Todd Becker, President and Chief Executive Officer. "We will also continue to execute on our strategy to expand and diversify our business and to build long-term shareholder value."
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