Andersons agrees to buy Harvestone Low Carbon Partners for $915 million
- The Andersons agreed to acquire Harvestone Low Carbon Partners from Energy Capital Partners for $915 million.
- The acquisition adds approximately 215 million gallons of annual ethanol capacity, expanding the platform more than 40% to approximately 730 million gallons.
- Financing comprises approximately $300 million in revolving credit facility borrowings and $615 million in additional long-term debt.
- Approximately half the purchase price reflects expected 45Z and 45Q tax credit cash flows from the low-carbon ethanol business.
- Closing is expected in the fourth quarter of 2026 or early first quarter of 2027, with immediate earnings-per-share and cash-flow accretion expected.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Andersons Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611040605PR_NEWS_USPR_____CL88657) on November 04, 2026, and is solely responsible for the information contained therein.