Green Plains, Tallgrass and PNNL are receiving DOE funding to

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OMAHA, Neb., Sept. 06, 2022 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ: GPRE), Tallgrass, and Pacific Northwest National Laboratory (PNNL) today announced they have secured funding from the U.S. Department of Energy (DOE) to advance sustainable aviation fuels (SAF) technology as part of the federal agency’s efforts to support the development of valuable biofuels and bioproducts for the clean energy economy.

“Developing and deploying new technologies to produce sustainable aviation fuel is part of Green Plains’ ongoing transformation and this grant will help fund catalyst optimization that can lead to a pilot installation and beyond” , said Todd Becker, president and CEO of Green Plains. . “We believe that PNNL technology can be a game-changer by efficiently converting low-carbon alcohol into sustainable aviation fuel.”

The DOE award will support Green Plains and Tallgrass in funding the demonstration of an innovative process developed by PNNL to convert ethanol to SAF via ketone intermediates, a critical step in proving the scalability of the technology. Green Plains and Tallgrass currently hold the exclusive license option for the PNNL SAF technology globally. They will jointly pursue the production of SAF from cellulosic ethanol and corn and intend to commercialize the production process of PNNL once the pilot project is successfully completed.

“New alcohol-jet pathways are needed to meet the ambitious volume goals for SAF, and our rapidly evolving biorefinery platform is well positioned to help meet and exceed these goals,” added Becker. “Our collaboration with Tallgrass and our work with PNNL on advanced technologies puts Green Plains at the forefront of SAF commercialization, supported by the expansion of the policy of economic development and deployment of new SAF technology. “

“This partnership represents the type of cross-industry collaboration needed to rapidly achieve meaningful decarbonization,” said Matt Sheehy, President and CEO of Tallgrass. “At Tallgrass, we believe in developing and investing in infrastructure to produce and transport the next generation of clean fuels. We are excited to work alongside Green Plains and PNNL to advance this pioneering SAF production technology and the infrastructure to commercialize SAF production at scale.

About Green Plains Inc.
Green Plains Inc. (NASDAQ: GPRE) is a leading biorefining company focused on the development and use of fermentation, agricultural and biological technologies in the transformation of annually renewable crops into sustainable, value-added ingredients. This includes the production of cleaner low-carbon biofuels, renewable feedstocks for advanced biofuels, and high-purity alcohols used in cleaners and disinfectants. Green Plains is an innovative producer of ultra-high protein ingredients and novel ingredients for animal and aquaculture diets to satisfy a growing global appetite for sustainable protein. The Company also holds a 48.9% general partner interest and a 2.0% general partner interest in Green Plains Partners LP. For more information, visit www.gpreinc.com.

About Tall Grass
Tallgrass is a leading energy infrastructure company focused on providing safe, reliable and sustainable energy and services that power homes and businesses and enable quality of life. We are committed to being at the forefront of efforts to decarbonize our world. An investor group led by Blackstone Infrastructure Partners, which includes Enagás SA, GIC, NPS and USS, holds the outstanding interests in Tallgrass. To learn more, visit www.tallgrass.com.

About the Pacific Northwest National Laboratory
Pacific Northwest National Laboratory draws on its distinctive strengths in chemistry, earth science, biology, and data science to advance scientific knowledge and address the challenges of sustainable energy and national security. Founded in 1965, PNNL is managed by Battelle for the Department of Energy’s Office of Science, which is the largest supporter of basic physical science research in the United States. The DOE’s Office of Science is working to address some of the most pressing challenges of our time. For more information, visit http://www.pnnl.gov.

Green Plains Inc Contacts
Investors
: Phil Boggs | Executive Vice President, Investor Relations | 402.884.8700 | [email protected]
Media: Lisa Gibson | Communications Manager | 402.952.4971 | [email protected]

contact us
Media
:Steven Davidson | Vice President, Government and Public Affairs | 817.988.4284 | [email protected]

Contact PNNL
Media
: Greg Koller | Senior Public Affairs Advisor and Head of Newsroom | 509.372.4864 | [email protected]

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