The 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.
- Harvestone’s three ethanol plants add approximately 215 million gallons of annual capacity, expanding the combined platform to approximately 730 million gallons.
- Approximately half the purchase price reflects expected 45Z and 45Q tax credit cash flows tied to low-carbon ethanol production.
- Financing comprises approximately $300 million in borrowings under the existing revolving credit facility and $615 million in additional long-term debt.
- Closing is expected in the fourth quarter of 2026 or early first quarter of 2027, with immediate earnings-per-share and cash-flow accretion anticipated.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000821026-26-000155), on November 06, 2026, and is solely responsible for the information contained therein.