Green Plains completes $170 million sale of Tennessee ethanol plant to POET
PositiveFinancial Markets

Green Plains has successfully completed the sale of its Tennessee ethanol plant to POET for $170 million. This transaction is significant as it not only strengthens POET's position in the renewable energy sector but also allows Green Plains to focus on its core operations. The sale reflects a growing trend in the industry towards consolidation and investment in sustainable energy solutions, which is crucial for meeting future energy demands.
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