Green Plains Partners LP (Nasdaq: GPP) to Ring The Nasdaq Stock Market Opening Bell
ADVISORY, June 29, 2015 (GLOBE NEWSWIRE) --
Green Plains Partners LP (Nasdaq:GPP), will visit the Nasdaq MarketSite in Times Square. Green Plains Partners is a Delaware limited partnership recently formed by parent company Green Plains Inc. (Nasdaq:GPRE), to own, operate, develop and acquire ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.
In honor of the occasion, Todd Becker, Chief Executive Officer will ring the Opening Bell.
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Tuesday, June 30, 2015 – 9:15 a.m. to 9:30 a.m. ET
Green Plains Partners Media Contact:
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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A webcast of the Nasdaq Opening Bell will be available at: https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx.
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
About Green Plains Partners LP (Nasdaq:GPP):
Green Plains Partners LP is a fee-based Delaware limited partnership recently formed by its parent, Green Plains Inc. (Nasdaq:GPRE), to provide ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. Green Plains Partners LP expects to be its parent’s primary downstream logistics service provider in support of its approximately 1.2 billion gallons per year ethanol marketing and distribution business. The Company’s parent believes that this vertical integration will enable it to better capture the economic value of these operations within the ethanol value chain and continue to develop downstream logistics assets while pursuing growth opportunities. Ethanol currently comprises approximately 10% of the U.S. gasoline market and is an economical source of octane and oxygenate for blending into the fuel supply. The Company generates a substantial portion of its revenues under fee-based commercial agreements with a subsidiary of its parent for receiving, storing, transferring and transporting ethanol and other biofuels.
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