Thanks to some readers for the heads up, I've been near the edge of the grid lately.
Two of the largest GreenShift customers will become one as Global Ethanol is purchased by Green Plains Renewable Energy for 169.2M. About half of that is debt. Expected to become final in the 4th Quarter.
"The Global Ethanol plants have a total production capacity of 157 million gallons. The acquisition will increase Green Plains' overall capacity by 31 percent."
GPRE Press Release
See Full Article HERE
SEE Star Tribune Article here
SkunK
Wednesday, September 29, 2010
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1 comment:
Skunk - this is so exciting. Do you know what happens after they answer? I think next year we will all be bloody rich or have lost our gamble. Good Luck to us all.
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