Green Plains Inc. today announced it will seek an initial public offering in its newly formed limited partnership, Green Plains Partners LP, whose initial assets will consist of Green Plains’ downstream ethanol transportation and storage assets located throughout 12 states. Green Plains said it has confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for the IPO. The company anticipates the offering will raise approximately $200 million to $250 million in gross proceeds; however, the date, number of common units to be sold and the price range for the proposed IPO have not yet been determined and are subject to a number of factors, including market conditions. Based in Omaha, Green Plains is the fourth-largest U.S. ethanol producer.