What happened
Green Plains Inc. ( NASDAQ: GPRE ) agreed to sell 2026 clean fuel tax credits and will receive $140 million in cash in the fourth quarter.
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That payment is for 45Z credits generated through June 30, 2026. The company announced the deal on Oct. 30. The purchase agreement is dated Oct. 29.
The agreement covers at least $250 million of 45Z credits expected from 2026 production. Buyers will purchase more credits up to $325 million in total, with an option for another $30 million, depending on generation and availability.
Green Plains said all of its operating facilities are expected to qualify under the program.
Key numbers
Metric Latest Change Source
Cash due in Q4 2026 (credits through June 30, 2026) $140 million SEC 8-K, Exhibit 99.1 press release
Minimum 2026 45Z credits to be transferred $250 million SEC 8-K, Exhibit 99.1 press release
Cap on credits under the agreement up to $325 million SEC 8-K, Exhibit 10.1 purchase agreement
Optional additional credits $30 million SEC 8-K, Exhibit 99.1 press release
Q4 cash as share of minimum credit amount 56.0% Calculated from SEC 8-K
Why it matters
The deal turns a tax incentive into scheduled cash. By OptimistFi's ...