IRISH renewable energy and waste management group NTR has expressed confidence in the prospects of its US-based bio-ethanol producer Green Plains Renewable Energy (GPRE), even after the Nebraska-based business reported a net loss of $1.8 million (€1.33m) for the fourth quarter of last year.

RENEWABLE energy and waste management group, NTR is to merge its ethanol business in the US with Green Plains Renewable Energy.