SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Bioverda International Holdings Ltd (Last) (First) (Middle) BURTON COURT, BURTON HALL ROAD (Street) DUBLIN 8, IRELAND L2 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 10/15/2008	3. Issuer Name and Ticker or Trading Symbol GREEN PLAINS RENEWABLE ENERGY, INC. [ GPRED ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	12,548,532(1)(2)	D(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Put Option (Right to Sell)(4)	10/16/2008	10/31/2008	Common Stock	554,879	$121,145	D(6)
Call Option (Obligation to Sell)(4)	10/16/2008	11/15/2008	Common Stock	554,879	$121,145	D(6)
Put Option (Right to Sell)(5)	10/16/2008	10/31/2008	Common Stock	766,000	$10	D(6)
Call Option (Obligation to Sell)(5)	10/16/2008	11/15/2008	Common Stock	766,000	$10	D(6)

1. Name and Address of Reporting Person* Bioverda International Holdings Ltd (Last) (First) (Middle) BURTON COURT, BURTON HALL ROAD (Street) DUBLIN 8, IRELAND L2 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Bioverda US Holdings LLC (Last) (First) (Middle) BURTON COURT, BURTON HALL ROAD (Street) DUBLIN 8, IRELAND L2 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* NTR plc (Last) (First) (Middle) BURTON COURT, BURTON HALL ROAD (Street) DUBLIN 8, IRELAND L2 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. - Represents shares acquired in connection with the acquisition of VBV LLC by the issuer in a reverse triangular merger.

2. - Includes 11,227,653 shares held directly by Bioverda International Holdings Limited and 1,320,879 shares held directly by Bioverda US Holdings LLC.

3. - Bioverda International Holdings Limited and Bioverda US Holdings LLC are wholly owned subsidiaries of NTR plc. NTR plc is an indirect beneficial owner of the securities.

4. - Pursuant to the Put and Call Agreement (VBV), dated April 1, 2008, by and among Bioverda US Holdings LLC, Bioverda International Holdings Limited, and Wilon Holdings S.A. Prior to October 16, 2008, the put and call options were exercisable for up to 74 common units of VBV LLC held by Bioverda US Holdings LLC. The put and call options became exercisable for the securities reported upon the acquisition of VBV LLC by the issuer in a reverse triangular merger. The number of issuer securities subject to the put and call options were determined based on the conversion ratio set forth in the merger agreement.

5. - Pursuant to the Put and Call Agreement (GPRE), dated April 1, 2008, by and among Bioverda US Holdings LLC, Bioverda International Holdings Limited, and Wilon Holdings S.A.

6. - Held directly by Bioverda US Holdings LLC. Bioverda US Holdings LLC is a wholly owned subsidiary of NTR plc. NTR plc is an indirect beneficial owner of the securities.

	By: Ron Gillis, Attorney-in-Fact for Bioverda International Holdings Limited, Bioverda US Holdings LLC and NTR plc	10/21/2008
	** Signature of Reporting Person	Date
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