Birmingham BioEnergy completes sale of unit train terminal in Birmingham

In Nebraska, Green Plains Inc. announced that its subsidiary, Birmingham BioEnergy Partners, LLC has completed the sale of its unit train terminal in Birmingham, Ala. to Lincoln Terminal Company, LLC. The proceeds of the sale were used to repay the outstanding balance of the Green Plains Partners term loan due July 20, 2026.

“We are pleased to have completed the sale of the unit train terminal in Birmingham, helping to eliminate the remaining partnership debt,” commented Todd Becker, President and Chief Executive Officer. “This transaction further strengthens our balance sheet and helps us to achieve the simplification and cost savings we anticipated after the buy-in of Green Plains Partners in January.”