other_material
confidence high
sentiment positive
materiality 0.70
Green Plains sells Tennessee ethanol plant for $190M, retires mezzanine debt
Green Plains Inc.
- Closed sale of Rives, TN plant to POET Biorefining–Obion for $190M cash; includes $20M estimated working capital.
- Proceeds used to retire junior mezzanine notes due 2026 and supplement corporate liquidity.
- Sale supports portfolio optimization and carbon reduction strategy, per company statement.
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