Green plains completes sale of ord, nebraska plant

Omaha, neb., march 23, 2021 (globe newswire) -- green plains inc. (nasdaq:gpre) today announced that its subsidiary, green plains ord llc, has completed the previously announced sale of its ethanol plant located in ord, nebraska, to greenamerica biofuels ord llc for $64 million, plus working capital. in conjunction with this transaction, green plains partners lp (nasdaq:gpp) today also announced it has completed the sale of the storage assets and the assignment of certain rail transportation assets associated with green plains ord llc for $27 million. the partnership's proceeds from the transaction were used to repay debt.
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