Southwest Iowa Renewable Energy (SIRE) has acquired the GreenAmerica Biofuels ethanol plant in Ord, Nebraska, a subsidiary of Pilot Travel Centers.
The acquisition is part of SIRE’s growth strategy to expand its production base, strengthen its scale, and create new opportunities for value-added agriculture by acquiring high-quality assets with strong operating track records, reliable feedstock supply and access to diverse markets. Upon closing, SIRE’s combined production capacity will grow to approximately 230 million gallons of ethanol per year across two plants in Iowa and Nebraska.
“Our strategy is simple and disciplined: grow by investing in Council Bluffs and acquiring quality assets that make SIRE stronger for our members, our farmers and our customers,” said Eric Fobes, President and CEO of SIRE. “The Ord plant fits that standard. It is a well-maintained facility with an experienced team, located in the heart of one of the most productive corn regions in the country. We see it as a strong complement to our Council Bluffs operation, and we’re excited to welcome the Ord employees to the SIRE team.”
The Ord facility sits in central Nebraska’s corn belt, giving SIRE a second origination region, added scale in marketing ethanol, distillers grains and corn oil, and greater operational diversity across its asset base. SIRE plans to retain the plant’s workforce and continue local grain purchasing, maintaining the facility’s role as a key market for area farmers.
The transaction closed October 9, 2026. Financial details of the transaction have not been disclosed and remain confidential. SIRE was advised by Omaha, NE based law firm McGrath North Mullin & Kratz PC LLO.