![Photo: Green Plains Inc.](https://img.feedandgrain.com/files/base/wattglobalmedia/all/image/2020/09/fg.Bluffton-Aerial-Small.jpg?auto=format%2Ccompress&q=70&w=400)
Photo: Green Plains Inc.
An ethanol plant in Bluffton, IN, will soon be under new ownership reports Inside Indiana Business.
Nebraska-based Green Plains Inc. has announced plans to sell three of its ethanol plants, including one in Bluffton, to Texas-based Valero Renewable Fuels Co. LLC in a $328 million deal.
The other two plants involved in the sale are located in Lakota, IA, and Riga, MI. Green Plains says the transaction involves approximately 20% of its reported ethanol production capacity.