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via prnewswire.comBusiness & Companies

The Andersons to acquire Harvestone Low Carbon Partners for $915 million

FROM THE WIRE · PRNEWSWIRE.COM

Expands The Andersons' Renewables platform by more than 40%, adding approximately 215 million gallons of annual ethanol production Adds a differentiated low-carbon ethanol platform strategically positioned to serve premium markets and complement The Andersons' existing network…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAcquisition relevant for ANDE, with announced immediate accretion to earnings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The deal acquires HLCP from Energy Capital Partners for $915 million.
  2. 02The target owns and operates three ethanol plants in North Dakota and Indiana.
  3. 03It adds about 215 million gallons of annual capacity, over 40% of the Renewables platform.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
The Andersons, Inc.ANDEStock62.67 USDMarket closedtoday -2.03%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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