Green Plains Partners LP

What Green Plains Partners LP does

Green Plains Partners LP was a publicly traded master limited partnership (MLP) that traded under the ticker GPP on NASDAQ from its formation in 2015 until it was acquired and taken private by its parent on January 9, 2024. The partnership was formed by Green Plains Inc. and was domiciled in Nebraska, with headquarters at 1811 Aksarben Drive in Omaha, Nebraska. Its core business was providing fee-based biofuel storage, terminal, and transportation services to ethanol and biofuel producers, with its parent Green Plains Inc. serving as the dominant anchor customer alongside other third-party ethanol producers.

The partnership operated three integrated service lines: biofuel storage services (managing ethanol and fuel storage tanks for inventory and throughput), terminal services (loading, unloading, and logistics coordination), and transportation services (managing rail, truck, and barge assets to move ethanol and fuel products). This asset-heavy infrastructure platform represented the underlying technology of the business, with owned physical terminals and transportation assets forming the backbone of the value proposition. The integrated offering provided ethanol producers with single-source access to storage capacity, terminal operations, and multi-modal transportation logistics across the U.S. biofuels supply chain.

Green Plains Partners LP generated revenue through a fee-based, contractually negotiated model with customers, producing recurring subscription-like revenue insulated from commodity price volatility. Its go-to-market was primarily enterprise direct sales, with relationships anchored by long-term contracts rather than traditional marketing channels. The partnership communicated with investors and stakeholders principally through SEC filings, earnings reports, investor relations website content, and investor email alerts, reflecting its regulated MLP status. Following the January 9, 2024 acquisition, the entity was absorbed into Green Plains Inc., its public unitholders received a final 2024 K-1 tax package, and its operating website now redirects to the parent company's site.

Name

Green Plains Partners LP

Legal name

Green Plains Partners LP

Website

https://greenplainspartners.com

Company type

Public

Founded year

2015

Operating status

Acquired

Headcount range

101–250 employees

Short description

Green Plains Partners LP was a publicly traded master limited partnership (NASDAQ: GPP) that provided fee-based biofuel storage, terminal, and transportation services to its parent Green Plains Inc. and other ethanol producers. The entity was acquired and taken private by Green Plains Inc. on January 9, 2024.

Ownership category

akta.pro rank

Product category

Biofuels Logistics Services

NAICS

Pipeline Transportation of Refined Petroleum Products (486910), Pipeline Transportation of Refined Petroleum Products (48691)

SIC

Pipe Lines (No Natural Gas) (4610), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Biomass Storage, Handling & Inventory Management (Yards, Silos, Moisture Control) (EUAAAFAF)

akta.pro secondary industries

Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK), Grain & Sugar-Based Ethanol Production (EUAAAHAA)

Keywords

• Biofuel storage services
• Ethanol terminal logistics
• Fuel transportation services
• Biofuels supply chain
• Master limited partnership

Headquarters

HQ city

Omaha

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Others

Revenue model

1. Fee-Based Terminal and Storage Services: The partnership generated fee-based revenue from providing biofuel storage, terminal and transportation services. As a master limited partnership (MLP), it operated on a fee-based model providing services to Green Plains Inc. and third-party customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Green Plains Partners LP operated as a fee-based master limited partnership providing biofuel storage, terminal, and transportation services to ethanol producers and fuel distributors. The partnership owned and operated ethanol and fuel storage tanks, terminals, and transportation assets across the U.S. biofuels supply chain, generating revenue through contracted service fees rather than commodity exposure.

Product overview

Green Plains Partners LP is a fee-based master limited partnership that provides a portfolio of biofuel logistics services. The company operates three core service offerings: biofuel storage services (managing ethanol and fuel storage tanks), terminal services (loading, unloading, and logistics coordination), and transportation services (managing transportation assets for moving biofuels). These services are offered as an integrated platform serving ethanol producers and fuel distributors, with revenue generated through fee-based contracts rather than commodity price exposure.

Differentiator

Problem solved

Functional benefit

Products and services

• Biofuel Storage Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Green Plains Inc.coreStrategic or Co-development Partner · 9 January 2024Green Plains Inc. is the parent company of Green Plains Partners LP. The partnership was formed in 2015 as a fee-based limited partnership to provide biofuel storage, terminal and transportation services. Green Plains Inc. completed the acquisition of Green Plains Partners LP on January 9, 2024.

Scale indicators1 record

Recent moves4 records

Broad incumbents

• Kinder Morgan: One of the largest North American midstream operators with extensive refined-products and renewable-fuels terminal/pipeline assets. Comparable to GPP as a fee-based midstream infrastructure provider serving fuel and biofuel logistics.
• Targa Resources: US midstream operator focused on natural gas and NGL gathering/processing, with growing exposure to logistics infrastructure. Comparable to GPP in operating fee-based midstream logistics for energy commodities.
• Magellan Midstream Partners: Operates refined petroleum products pipelines and terminals across the US, including ethanol distribution. Comparable to GPP in operating fee-based terminal and pipeline infrastructure for refined fuels.
• Plains All American Pipeline: Major US midstream provider of pipelines, terminals and storage for crude oil and refined products. Comparable to GPP in operating fee-based transportation and storage infrastructure for liquid energy products.

Direct peers

• Bunge Global: Global agribusiness and major ethanol/biofuel producer with integrated storage, terminal and transportation assets. Comparable to GPP in operating midstream biofuel logistics supporting its own ethanol volumes.
• CVR Energy: Integrated US ethanol producer and refiner that operates its own terminal, storage and transportation assets for ethanol and refined fuels. Closely comparable to GPP in combining ethanol production with captive biofuel logistics infrastructure.
• Green Plains Inc. Parent of GPP and the largest captive customer; major US ethanol producer with adjacent renewable diesel and ingredient platforms. Now fully consolidated with GPP after the 2024 acquisition, making it the closest operational analog.
• Archer Daniels Midland (ADM): Major US ethanol producer with significant internal storage, terminal and transportation logistics for biofuels. Comparable to GPP as a vertically integrated producer-operator of ethanol logistics infrastructure.

Emerging players

• PBF Energy: Independent US refiner operating owned terminals and logistics assets for refined products distribution. Comparable to GPP in fee-based storage and terminal operations supporting fuel producers and marketers.
• Delek US Holdings: US refiner and fuel marketer with owned terminal and logistics infrastructure for refined products, including biofuel blending components. Comparable to GPP in operating downstream fuel storage and distribution infrastructure.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Plains Partners LP