Green Plains sells remaining 50% of Green Plains Cattle Company for $80 millionChristian Fernsby ▼ | October 14, 2020
Green Plains announced the sale of its remaining 50% joint venture interest in Green Plains Cattle Company to a group of investment funds for approximately $80 million, plus closing adjustments.
Green Plains "We have added approximately $96 million"
Topics: Green Plains
"The proceeds from the sale and distribution, coupled with our previously announced tax refund and $75 million in protein financing, will add nearly $225 million of liquidity to Green Plains, or over half the remaining amount needed to fund the build-out of high protein technology," added Becker. ■