Green Plains Renewable Energy
Green Plains Renewable Energy, based in Omaha, Nebraska, is a vertically-integrated, low-cost ethanol producer and an emerging leader within the biofuels industry. Its strategy is to expand its vertically-integrated platform of agronomy services and grain procurement through ethanol production, marketing, blending and distribution. Through a combination of its six production plants located in the heart of the Corn Belt and third party marketing contracts, GPRE markets over 840 million gallons of corn-based ethanol per year, making Green Plains the fourth largest producer of fuel grade ethanol in North America.
Green Plain’s agribusiness segment operates three lines of businesses: bulk grain, agronomy and petroleum. In the bulk grain business, GPRE has total storage capacity of approximately 18.6 million bushels. The Company holds a majority interest in Blendstar, LLC, which operates nine blending or terminaling facilities with approximately 495 million gallons of total throughput capacity in seven states in the south central United States.
Green Plains is investing in next generation biofuels opportunities with a minority investment in BioProcessAlgae, LLC. BioProcessAlgae is focused on developing technology to grow and harvest algae, which consume carbon dioxide, in commercially viable quantities. The alga produced has the potential to be used for advanced biofuel production, high quality animal feed or as biomass for energy production.