Benzinga | Jan 27, 2021 08:35AM EST

Green Plains Partners To Sell Ethanol Storage Assets To Green Plains Ord LLC For $27M

OMAHA, Neb., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced that it has reached an agreement to sell its ethanol storage and transportation assets located at the Green Plains Ord,OMAHA, Neb., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced that it has reached an agreement to sell its ethanol storage and transportation assets located at the Green Plains Ord, Neb. ethanol facility to Green Plains Ord LLC for $27 million, along with the transfer of certain railcar leases. As part of the transaction, the minimum volume commitment of Green Plains will be reduced by 14.75 million gallons per quarter.