| 12.4°C Dublin

NTR sells at a loss

UTILITY group NTR has sold part of its stake in a US biofuels business at a discount.

The company said it sold 3.5 million of its shares in Green Plains Renewable Energy back to the US company for $8 a unit, or $28 million (€20.5m) as part of a rebalancing of its renewable energy investments.

Green Plains original share price was listed at $10.