HOUSTON – Bracewell LLP is representing Evercore, financial advisor to the Conflicts Committee of the Board of Directors of the general partner of Green Plains Partners LP (NASDAQ: GPP), in connection with the $120.9 million sale of storage and transportation assets and transfer railcar leases associated with the Lakota, Iowa, Bluffton, Indiana, and Riga, Michigan, ethanol facilities to Green Plains Inc. Green Plains Partners LP will receive 8.9 million units owned by Green Plains Inc. as payment for the transaction. Green Plains Partners LP has also entered into an amendment with Green Plains Trade Group LLC to extend the ethanol storage and throughput agreement for three years.
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Bracewell lawyers involved in this transaction included:
Partner: Will Anderson
Associate: Andrew W. Monk