GPRE Completes The Acquisition Of Two Ethanol Plants Located In Nebraska


July 07 2009

NTR plc’s North American ethanol business Green Plains Renewable Energy, Inc. (NASDAQ: GPRE) announced that it has completed the acquisition of the two ethanol plants located in Nebraska. The plants located near Central City and Ord add 150 million gallons of ethanol production capacity per year, making Green Plains the fourth largest ethanol producer in the U.S. with 480 million gallons of annual expected capacity. AgStar Financial Services, PCA and certain other banks (the “Lenders”) provided $123.5 million in financing for the plant acquisitions and the Lenders have supplied $16.0 million in seasonal revolving loans for working capital needs of the plants.

“We are delighted to close this transaction and look forward to bringing these plants online as soon as possible,” said Todd Becker, Green Plains’ President and Chief Executive Officer. “We welcome over 80 new employees to the Green Plains team “

Issued on behalf of NTR plc by Heneghan PR

About NTR plc

NTR plc is a leading international developer and operator in renewable energy and sustainable waste management. Founded in 1978, NTR has evolved from being a developer and operator of infrastructure in Ireland to an international developer and operator of renewable energy (wind, solar and bio-ethanol), and sustainable waste management businesses in the USA, UK, and Ireland. The company employs over 4,100 people and has a market capitalization of €657m.

About Green Plains

Green Plains Renewable Energy, Inc. is a low-cost ethanol producer operating six ethanol plants in Iowa, Indiana, Nebraska and Tennessee with a combined expected operating capacity of 480 million gallons of ethanol per year. Green Plains also operates an independent third-party ethanol marketing service, with marketing capacity of 305 million gallons of ethanol per year. Green Plains owns 51% of Blendstar, LLC, a Houston-based biofuel terminal operator with six facilities in five states. Green Plains’ agribusiness segment operates grain storage facilities and complementary agronomy, feed, and fuel businesses in northern Iowa and southern Minnesota.

Enquiries

Nigel Heneghan / Rachel Watchorn Tel: + 353 1 660 7395

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