Operational Excellence and Record Utilization
Green Plains achieved over 101% capacity utilization, the highest level reported in over a decade, driven by operational excellence programs improving fermentation yields and reducing plant downtime.
Significant Debt Refinancing and Reduction
The company executed the sale of the Obion, Tennessee facility, using funds to repay approximately $130 million of high-cost debt, and refinanced most of its 2027 convertible debt with a new $200 million facility due in 2030.
Carbon Capture Systems Operational
Carbon capture systems are up and operational in all three Nebraska locations, with plants performing at record levels and capturing CO2 for credits.
Positive Financial Adjustments
Green Plains reported $52.6 million in adjusted EBITDA and $11.9 million in net income, with $25 million recognized from 45Z clean fuel production tax credits in Q3.