---
schema_version: "secwatch.filing_event.v1"
accession: "0001309402-25-000142"
form_type: "8-K"
ticker: "GPRE"
cik: "0001309402"
company_name: "Green Plains Inc."
filed_at: "2025-09-17T23:59:59+00:00"
generated_at: "2026-05-17T06:20:30.304126+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Green Plains to sell up to $65M in 45Z tax credits to Freepoint; expects $40-50M net EBITDA in 2025

## Summary
- Agreement covers 2025 45Z credits from three Nebraska ethanol facilities; term sheet for three more sites.
- Payment in Q1 2026 or earlier at discount; buyer's affiliate guarantees payment.
- Expected net EBITDA of $40-50 million from agreement and term sheet combined in 2025.
- Credits supported by third-party emissions verification and tax insurance.
- Optional extension to purchase credits for 2026-2029 on mutual terms.

## SEC filing metadata
- accession: 0001309402-25-000142
- form_type: 8-K
- ticker: GPRE
- cik: 0001309402
- company_name: Green Plains Inc.
- filed_at: 2025-09-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309402/000130940225000142/0001309402-25-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309402/000130940225000142/gpre-20250916.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001309402-25-000142
- JSON: https://secwatch.observer/filing/0001309402-25-000142.json
- Plain text: https://secwatch.observer/filing/0001309402-25-000142.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.