Edition:
United Kingdom

Green Plains acquires Abengoa ethanol storage assets


Monday, 26 Sep 2016 

Green Plains Partners LP : Co says deal for $90 million . Partnership used its revolving credit facility, which was recently expanded, to fund purchase . Storage and throughput agreement amended to increase minimum volume commitment to 296.6 million gallons per quarter . Storage and throughput agreement between Green Plains Partners And Green Plains Trade was amended as part of transaction .Terms of drop down transaction were approved by board of directors of general partner and board of directors' conflicts committee.