The Andersons signs $915 million Harvestone acquisition
The Andersons Renewables to acquire Harvestone Low Carbon Partners for $915M, adding ethanol capacity and carbon capture.
Samson JagorasPrincipal & CEO/CIONovember 12, 2026
The Andersons Renewables has signed an agreement to acquire Harvestone Low Carbon Partners from Energy Capital Partners for $915 million, a deal that would add three ethanol facilities and established carbon capture and sequestration capabilities to its Renewables platform.
The agreement was entered on November 3, 2026, and announced on November 4. The facilities, located in North Dakota and Indiana, have a combined annual capacity of approximately 215 million gallons.
The acquisition was presented as an expansion of The Andersons’ Renewables platform, with the carbon capture and sequestration capabilities supporting its efforts to serve low-carbon fuel markets.
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The Andersons, Inc. operates in agribusiness and renewables, including ethanol production. Its agriculture-rooted business also encompasses grain origination, merchandising and logistics, alongside its low-carbon fuels capabilities.
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About the author
Principal & CEO/CIO
Samson Jagoras has 15+ years across finance, real estate, and business acquisitions. He began his career as a Futures & Commodities broker and later served as Chief Strategy Officer of an INC 500 marketing and technology firm, helping scale revenue from $1M to over $100M. Today he buys, builds, and advises a portfolio of companies with a focus on M&A, capital allocation, and operational strategy.