POET Biorefining - Obion, LLC /
ethanol plant in Rives, Tennessee
POET Biorefining purchases Green Plains ethanol plant in Tennessee
Source for the buyer and target: Green Plains Inc.
For the buyer and target.
“September 26, 2025 - (BUSINESS WIRE) - Green Plains Inc. (NASDAQ:GPRE) today announced that it has completed the previously announced sale of its ethanol plant in Rives, Tennessee, to POET Biorefining - Obion, LLC for $190 million in cash.”
Published 26 Sep 2025
Open the sourceWhat happened
Green Plains Inc. completed the sale of its ethanol plant in Rives, Tennessee, to POET Biorefining - Obion, LLC for $190 million in cash. [01]
The total includes an estimated $20 million in working capital, to be finalized post-closing. The sale eliminates Green Plains’ junior mezzanine debt and enhances liquidity. [01]
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POET Biorefining purchases Green Plains ethanol plant in Tennessee
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