The Andersons Agrees to Acquire Harvestone Low Carbon Partners for $915 Million
The Andersons (ANDE) has entered into a definitive agreement to acquire Harvestone Low Carbon Partners from Energy Capital Partners in an all-cash transaction valued at approximately $915 million. The acquisition includes ownership and operation of three ethanol production facilities located across North Dakota and Indiana. The deal is strategically positioned to bolster The Andersons' presence in the renewable fuels sector. Management expects the addition of Harvestone’s assets to generate substantial cash flow, contributing to the company's long-term growth and strengthening its position within the low-carbon energy market.
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