Divestiture • Oil/Gas Exploration

Green Plains Acquires Future Fuels - Hopewell Ethanol Facility

On October 26, 2015, Green Plains acquired oil/gas exploration company Future Fuels - Hopewell Ethanol Facility from Future Fuels

Acquisition Context
  • This is Green Plains’ 2nd transaction in the Oil/Gas Exploration sector.
  • This is Green Plains’ 10th transaction in the United States.
  • This is Green Plains’ 1st transaction in Virginia.

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M&A Deal Summary

Date October 26, 2015
Target Future Fuels - Hopewell Ethanol Facility
Sector Oil/Gas Exploration
Buyer(s) Green Plains
Sellers(s) Future Fuels
Deal Type Divestiture

Target Company

Future Fuels - Hopewell Ethanol Facility

Hopewell, Virginia, United States
Future Fuels - Hopewell Ethanol Facility is a producer of renewable transport fuels.
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Buyer Overview 1

Buyer

Green Plains

Omaha, Nebraska, United States

Category Company
Founded 2004
Sector Renewable Energy
Employees923
Revenue 2.5B USD (2024)
DESCRIPTION

Green Plains is a producer, markets and distributes of ethanol. Green Plains was founded in 2004 and is based in Omaha, Nebraska.


Deal Context for Buyer #
Overall 11 of 15
Sector: Oil/Gas Exploration 2 of 2
Type: Divestiture 5 of 8
State: Virginia 1 of 1
Country: United States 10 of 14
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-10 Agri Beef - Supreme Cattle Feeders

United States

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-22 Abengoa Bioenergy - Three Bioenergy Ethanol Plants

United States

Abengoa Bioenergy - Three Bioenergy Ethanol Plants comparises Madison, Ill., Mount Vernon, Ind. and York, Neb. ethanol facilities, with combined annual production capacity of 236 million gallons per year.

Buy $237M

Seller Profile 1

SELLER

Future Fuels

London, United Kingdom

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Future Fuels LLP is a provider of renewable transport fuels nearly 60 million gallons to 1.1 billion gallons per year.


Deal Context for Seller #
Overall 1 of 1
Sector: Oil/Gas Exploration 1 of 1
Type: Divestiture 1 of 1
State: Virginia 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1