GREEN PLAINS PARTNERS LP (NASDAQ:GPP) Files An 8-K Other Events
Item 8.01. Other Events.
On January 17, 2019, Green Plains Partners LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.475 per unit on all of its outstanding common units, or $1.90 per unit on an annualized basis, for the fourth quarter of 2018. The distribution is payable on February 8, 2019, to unitholders of record at the close of business on February 1, 2019.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed as part of this report.
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Number |
Description |
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99.1 |
Press Release dated January 17, 2019. |
Green Plains Partners LP Exhibit
EX-99.1 2 gpp-20190117xex99_1.htm EX-99.1 2018_Q4 Press Release Exhibit 99.1 FOR IMMEDIATE RELEASE Green Plains Partners Declares Quarterly Distribution OMAHA,…
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About GREEN PLAINS PARTNERS LP (NASDAQ:GPP)
Green Plains Partners LP provides fee-based fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. The Company’s parent company is Green Plains Inc. (Green Plains). The Company was formed by Green Plains, a vertically integrated ethanol producer, to support its marketing and distribution activities as its primary downstream logistics provider. The Company’s ethanol storage assets are the principal method of storing the ethanol produced at its parent’s ethanol production plants. The Company owns approximately 30 ethanol storage facilities and approximately 50 acres of land. The Company’s storage tanks are located at its parent’s ethanol production plants. The Company’s ethanol storage tanks have combined storage capacity of approximately 31.8 million gallons (mmg) and an aggregate throughput capacity of approximately 1,670 million gallons per year.
