Green Plains Announces Additional Locations for World’s Largest Carbon Capture and Sequestration Project - Seite 2
“Participating as an investor in the development company of the pipeline project expands Green Plains’ optionality to capture additional value from this growing industry for our shareholders. In addition to lowering the carbon of our biorefinery products, participating in the pipeline economics for an increasingly low carbon focused world is important to our transformation plans,” added Becker. “As one of the largest producers in Nebraska, our decision to expand this project into our home state adds significant opportunity to reduce the carbon impact across a greater number of biorefineries across the Midwest.”
“We’re excited to see Green Plains, the largest producer of biofuels in Nebraska, anchor this project expansion into the state by committing all of their biorefinery carbon offtake to this project. This will help drive significant investment to the state in carbon capture and sequestration,” said Nebraska Governor Pete Ricketts. “The biofuels industry is a major driver of our state’s economy, and we are encouraged by the opportunities presented by large scale carbon capture investments to further enhance the sustainability of Nebraska agriculture, the backbone for our state’s economic success over the last 20 years.”
About Green Plains Inc.
Green Plains Inc. (NASDAQ:GPRE) is a leading biorefining company focused on the
development and utilization of fermentation, agricultural and biological technologies in the processing of annually renewable crops into sustainable value-added ingredients. This includes the
production of cleaner low carbon biofuels, renewable feedstocks for advanced biofuels and high purity alcohols for use in cleaners and disinfectants. Green Plains is an innovative producer of
Ultra-High Protein and novel ingredients for animal and aquaculture diets to help satisfy a growing global appetite for sustainable protein. The Company also owns a 48.9% limited partner interest
and a 2.0% general partner interest in Green Plains Partners LP. For more information, visit www.gpreinc.com.
About Summit Agricultural Group
Summit Agricultural Group is a diversified agribusiness operator and investment manager with operations in the United States and Brazil. Summit deploys capital across the agricultural supply chain
with a particular focus at the intersection of agriculture and renewable energy. For more information, visit: www.summitag.com
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Green Plains Inc. Contacts
Investors: Phil Boggs | Senior Vice President, Investor Relations | 402.884.8700 | phil.boggs@gpreinc.com
Media: Leighton Eusebio | Manager, Public Relations | 402.952.4971 | leighton.eusebio@gpreinc.com