Business Context and Reporting Period
Company: Green Plains Renewable Energy, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: August 29, 2007
Event Reported: Initial production of ethanol at the Shenandoah, Iowa facility.
Key Financial Metrics
This filing is a current report regarding an operational milestone and does not contain financial statements, revenue figures, profit data, cash flow, margins, debt levels, or liquidity metrics.
Material Changes
The primary material change reported is the commencement of commercial operations at the Shenandoah, Iowa ethanol plant. The facility produced its first batch of ethanol on August 28, 2007.
Outlook and Management Commentary
Management indicated that the Shenandoah plant will have sufficient quantities of ethanol for shipment by early the following week (early September 2007). The filing includes a press release (Exhibit 99.1) detailing this initial production.
Investor Verification Checklist
- Verify the timeline for the first commercial shipment from the Shenandoah plant.
- Review the attached press release (Exhibit 99.1) for specific production volumes and quality metrics.
- Monitor subsequent filings for the impact of this new production capacity on the company's revenue and operating cash flow.