Green Plains Enters into Agreement with Freepoint Commodities to Monetize 45Z Tax Credits
Vinson & Elkins represented Green Plains Renewable Energy (“GPRE”) in the sale of 2025 45Z credits generated from several of their ethanol facilities and the negotiation of a term sheet for an additional tranche of 2025 45Z Credits.
GPRE expects the sale and transactions contemplated in the term sheet to generate $40 million to $50 million in 2025 EBITDA.