Green Plains closes sale of Obion ethanol plant for $183.8M; uses proceeds to retire $127.5M in debt

Green Plains Inc.

Closed sale of Obion ethanol plant to POET for $170M plus $13.8M working capital ($183.8M total).
Used $127.5M of proceeds to retire junior mezzanine notes due 2026; balance added to liquidity.
Pro forma net loss attributable to Green Plains improves to ($133.4M) from ($145.1M) for H1 2025.
FY2024 pro forma revenue falls to $2.23B from $2.46B; operating loss widens to ($56.6M) from ($47.5M).
Divestiture simplifies operations and reduces debt; nonrecurring gain excluded from pro forma.

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