# The Andersons to purchase two North Dakota ethanol plants with Harvestone acquisition

> The Andersons agreed to acquire Harvestone Low Carbon Partners from Energy Capital Partners for $915 million. The deal includes two North Dakota ethanol plants and one Indiana plant, lifting The Andersons' combined ethanol capacity to about 730 million gallons per year.

- Date: 2026-11-12 · published 2026-11-13T06:10:18.128Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/97220-the-andersons-to-purchase-two-north-dakota-ethanol-plants-with-harvestone
- Commodities: [Ethanol](https://feedsoft.ai/c/ETHANOL.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Consolidation adds significant ethanol and low-carbon fuel capacity to a major grain merchandiser, which could shift corn demand toward its plants over time. The impact on prices is modest in the near term since the deal transfers existing capacity.

## Read by commodity

- CORN: neutral
- DDGS: neutral
- ETHANOL: neutral

## Sources

- agweek.com: https://www.agweek.com/agribusiness/the-andersons-to-purchase-two-north-dakota-ethanol-plants-with-harvestone-acquisition

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
