A 9% Yield And 7 Straight Distribution Hikes For This Niche LP

Do you like ice cream? Do you drive a car? Maybe you like an occasional glass of spirits? A yes answer to any of these three questions would indicate that you've probably experienced the sprawling reach of ethanol, which is used in - food products, from ice cream to tomato sauce, blended gasolines, such as E10 or E15, and the hard stuff, as distillers grains, which are used in the distillation process. Hmm, have a drink, get in the car, and drive to the ice cream parlor? Sounds like the sequence is off - it may be better to drive to the ice cream parlor and drive back home for that drink.

Green plains Partners LP (GPP) is a fee-based limited partnership formed by its parent, Green Plains Inc. (GPRE), to provide ethanol and fuel storage, terminal and transportation services by owning, operating, developing, and acquiring ethanol and fuel storage tanks, terminals, transportation assets, and other related assets and businesses. GPRE owns 62.5% of GPP, and public unit holders hold 35.5%. GPP IPOd in June 2015 and is headquartered in Omaha, Nebraska. GPP is the yieldco arm of GPRE - the companies mostly share management.

Source: Seeking Alpha

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