Green Plains (GPRE) “announced that it has entered into an agreement with an affiliate of Freepoint Commodities LLC (Freepoint) to sell Clean Fuel Production Credits, also known as 45Z tax credits, generated in 2025 under the Inflation Reduction Act. The initial credits will be generated from low-carbon intensity ethanol production at Green Plains’ three Nebraska facilities. A portion of these credits are being generated prior to the expected launch of carbon capture later this year, highlighting the competitive carbon intensity profile of the company’s current strategy and operations. Green Plains has also signed a term sheet with Freepoint to monetize tax credits from three additional facilities expected to qualify under 45Z during 2025.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPRE:
- White House weighs forcing refineries to absorb biofuel waivers, Reuters reports
- Five Below upgraded, Bill downgraded: Wall Street’s top analyst calls
- Green Plains upgraded to Outperform from Perform at Oppenheimer
- Closing Bell Movers: Nvidia slips 3% despite slight beat on earnings
- Green Plains Sells Ethanol Plant for $190 Million
