Green Plains Achieves a Milestone as CO2 from Nebraska is Sequestered in Wyoming
Green PlainsGreen Plains(US:GPRE) Businesswire·2025-12-08 21:15

Core Insights - Green Plains Inc. has successfully captured biogenic carbon dioxide from its three Nebraska facilities and is now transporting and permanently sequestering it at Tallgrass' Wyoming hub, marking a significant achievement in carbon capture and storage [1][2]. Company Developments - The collaboration with Tallgrass demonstrates the feasibility of large-scale commercial carbon capture and storage, contributing positively to the Nebraskan bioeconomy [2]. - Green Plains received its first 45Z clean fuel production credit payment of approximately $14 million, with additional payments expected in early 2026. The company has recorded about $26.5 million in 45Z value generated prior to activating carbon capture systems [2]. - The 45Z program allows low-carbon fuel producers to earn production tax credits based on the carbon intensity of their fuel, suggesting that as carbon intensity decreases, the credit value per gallon will increase [2]. Strategic Positioning - The successful implementation of carbon-capture initiatives in Nebraska positions Green Plains for stronger performance and long-term growth, aligning with its low-carbon strategy [3]. - The company aims to unlock new value through its low-carbon platform, which is expected to drive growth and deliver long-term value to stakeholders [3]. Company Overview - Green Plains Inc. is a leading biorefining company focused on transitioning to a low-carbon world through renewable fuels and sustainable ingredients, utilizing agricultural and fermentation expertise [4]. - The company is actively deploying carbon capture and storage solutions at its facilities, aiming to reduce the carbon intensity of its products while providing value to stakeholders [4].