GPRE · Categories · M&A
GPRE - Mergers and acquisitions
Green Plains Inc. (GPRE) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for GPRE
- Green Plains Announces Technology CollaborationGreen Plains Inc. (NASDAQ:GPRE) today announced a technology collaboration with Equilon Enterprises LLC (Shell). This collaboration allows for Green Plains Inc. via Fluid Quip Technologies' precision separation and processing technology (MSC™) to be used with Shell Fiber Conversion Technology (SFCT). The two technologies will combine fermentation, mechanical separation and processing, and fiber conversion into one platform. This has the potential to create a new process to liberate all available Distillers Corn Oil currently bound in the fiber fraction of the corn kernel, generate cellulosic sugars for production of low-carbon ethanol, and enhance and expand available high protein to produc
- Green Plains Reports First Quarter 2021 Financial ResultsResults for the First Quarter of 2021: Net loss attributable to the company of $6.5 million, or $(0.17) per diluted share inclusive of a $36.9 million gain related to the sale of certain assets and a $22.1 million charge related to the extinguishment of convertible notesAdjusted EBITDA of $15.4 million, exclusive of a $36.9 million gain related to the sale of certain assetsConsolidated crush margin of $0.11 per gallon, significantly better than the prior year's first quarterStrong liquidity position, with cash, cash equivalents and restricted cash of $654.4 million and $330.4 million available under committed credit facilitiesFully funded its Total Transformation Plan during the quarter by