Operational Excellence and Cost Reductions
Green Plains achieved 99% capacity utilization and the highest ethanol yields in history while maintaining low quarterly OpEx. The company has met its $50 million cost reduction target through operational improvements.
Carbon Strategy Progress
Material progress on carbon strategy with CCS infrastructure on schedule, expected to start in Q4 2025. The One Big Beautiful Bill Act extends the 45Z tax credit, improving CI by 5-6 points and potentially contributing $150 million annually in EBITDA from 2026.
Increased Liquidity and Asset Sales
Liquidity strengthened through noncore asset sales, including the sale of the Tharaldson JV, raising $23.5 million in cash. The company also completed a sale of RINs accumulated over several years.
SG&A and Efficiency Improvements
SG&A expenses were reduced by $6.3 million from the prior year, with a plan to exit fiscal year '25 with corporate and trade SG&A in the low $40 million range.