Corn cob pipelines: Green Plains Partners LP files for a $200 million IPO

Green Plains Partners LP, a Green Plains-backed MLP that owns ethanol transportation and storage assets, filed on Monday with the SEC to raise up to $200 million in an initial public offering.

The Omaha, NE-based company, which was formed in 2015 and booked $88 million in pro forma sales for the 12 months ended March 31, 2015, plans to list on the NASDAQ under the symbol GPP. Green Plains Partners LP initially filed confidentially on March 6, 2015. Barclays and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.