Green Plains Inc. (NASDAQ: GPRE) was formed in 2004 as an ethanol producer and is headquartered in Omaha, Nebraska. We have a history of growth, primarily through acquisitions and disciplined risk management.
Today, we are a diversified commodity-processing business with operations related to ethanol production, grain handling and storage, cattle feeding, food ingredients, and commodity marketing and logistics services and $2.7 billion in assets. We focus on managing commodity price risks, improving operational efficiencies and optimizing market opportunities to generate stable operating margins through our diversified business segments and our risk management strategy. We have four operating segments, including Ethanol Production, Agribusiness & Energy Services, Food & Ingredients and Partnership segments.
Green Plains Partners LP (NASDAQ: GPP) is a master limited partnership that was formed in 2015 to be our primary downstream logistics provider, storing and delivering the ethanol we produce. We own a 62.5% limited partner interest, a 2.0% general partner interest and all of the partnership’s incentive distribution rights. The public owns the remaining 35.5% limited partner interest.