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OMAHA - Green Plains Inc. (NASDAQ:GPRE), whose stock has surged over 150% in the past six months despite operating with a significant debt burden of $610 million, has started up its carbon capture and storage (CCS) equipment at its York, Nebraska facility, the company announced Tuesday.
The system is now fully operational and delivering biogenic carbon dioxide to the Tallgrass Trailblazer pipeline for permanent sequestration. Green Plains, currently trading with a market capitalization of $730 million and maintaining a healthy current ratio of 1.47, expects to bring additional CCS systems online at its Central City and Wood River, Nebraska facilities during the fourth quarter of 2025.
"Bringing carbon capture online at York reflects the continued progress we’re making in executing our carbon strategy," said Chris Osowski, Chief Executive Officer of Green Plains, in a press release statement.
The biorefining company is advancing its broader carbon strategy, with low-carbon intensity biofuel production generating carbon credits from multiple facilities this year. According to InvestingPro analysis, while the company faces challenges with a 5.5% gross profit margin, its strategic initiatives could help improve its financial health, currently rated as ’Fair’ by InvestingPro’s comprehensive scoring system.
Green Plains describes itself as a biorefining company that transforms renewable crops into low-carbon energy and sustainable feedstocks. The company is implementing carbon capture and storage solutions at three of its facilities in 2025.
The York facility represents the first of these planned CCS implementations to become operational, with two more expected to follow later this year.
In other recent news, Green Plains Inc. has completed the sale of its ethanol plant in Rives, Tennessee, to POET Biorefining - Obion, LLC. The transaction, conducted through Green Plains’ wholly owned subsidiary, Green Plains Obion LLC, resulted in proceeds of $190 million, including an estimated $20 million in working capital. Additionally, Green Plains has entered into an agreement with an affiliate of Freepoint Commodities to sell Clean Fuel Production Credits, known as 45Z credits, generated in 2025 under the Inflation Reduction Act. These credits will initially come from low-carbon intensity ethanol production at the company’s three Nebraska facilities. The company has also signed a term sheet with Freepoint to monetize tax credits from three more facilities expected to qualify under the 45Z program during 2025. According to UBS, these credits could potentially boost Green Plains’ EBITDA by $40-50 million. These developments highlight significant financial maneuvers by Green Plains, aiming to enhance its liquidity and future revenue streams.
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