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Green Plains Sells Tennessee Plant to POET for $190 Million, Retires Debt
ByAinvest
Wednesday, Aug 27, 2025 4:20 pm ET1min read
Green Plains Inc. has agreed to sell its Rives, Tennessee-based ethanol plant to POET LLC for $190 million in cash, with proceeds to be used to retire junior mezzanine debt due in 2026. The transaction is expected to close during the third quarter of 2025, subject to customary conditions and regulatory approvals.
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