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 company received its first 45Z clean fuel production credit payment of approximately $14 million, with additional payments expected in early 2026. Year-to-date, Green Plains has recorded about $26.5 million in 45Z value generated prior to activating carbon capture systems [2] - Under the 45Z program, eligible low-carbon fuel producers earn production tax credits based on the carbon intensity of their fuel, indicating that as carbon intensity decreases, the credit value per gallon is anticipated to increase [2] Strategic Positioning - Green Plains is executing its low-carbon strategy effectively, with the establishment of carbon-capture initiatives in Nebraska positioning the company for stronger performance and long-term growth [3] - The company aims to unlock new value and advance 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, leveraging 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 delivering stakeholder value [4]