Form 8K



SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549

______________________


FORM 8-K


Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report (Date of earliest event reported)

April 9, 2008



Green Plains Renewable Energy, Inc.
(Exact name of registrant as specified in its charter)


Iowa
(State or other jurisdiction of incorporation)


333-121321

84-1652107

(Commission file number)

(IRS employer identification no.)

 

 

105 N. 31st Avenue, Suite 103, Omaha, Nebraska

68131

(Address of principal executive offices)

(Zip code)



(402) 884-8700

 (Registrant’s telephone number, including area code)



S  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

£  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

£  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

£  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 8.01.  Other Events.


On April 9, 2008, Green Plains Renewable Energy, Inc. received preliminary approval from the Iowa Power Fund for a $2,315,407 grant to fund research and development of algae-based biofuel feedstock production. The award is subject to negotiation and completion of definitive agreements among Green Plains Renewable Energy, Inc., GreenFuel Technology Corp. and the State of Iowa.


Item 9.01.  Financial Statements and Exhibits.


(d) Exhibits


Number

Description

99.1

Press Release, dated April 14, 2008.



2



SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.







Date: April 14, 2008


GREEN PLAINS RENEWABLE ENERGY, INC.



By: /s/ Wayne B. Hoovestol          

Wayne B. Hoovestol
Chief Executive Officer

(Principal Executive Officer)





3