Latest news with #Gevo
Globe and Mail
24-07-2025
- Business
- Globe and Mail
Gevo to Report Second Quarter 2025 Financial Results on August 11, 2025
ENGLEWOOD, Colo., July 24, 2025 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on August 11, 2025, at 4:30 p.m. ET (2:30 p.m. MT) to report its financial results for the second quarter that ended June 30, 2025. To participate in the live call, please register through the following event weblink: After registering, participants will be provided with a dial-in number and pin. To listen to the conference call (audio only), please register through the following event weblink: A webcast replay will be available two hours after the conference call ends on August 11, 2025. The archived webcast will be available in the Investor Relations section of Gevo's website at About Gevo Gevo is a next-generation diversified energy company committed to fueling America's future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo's innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo's business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas ('RNG') facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration ('CCS') facility, further solidifying America's leadership in energy innovation. Additionally, Gevo owns the world's first production facility for specialty alcohol-to-jet ('ATJ') fuels and chemicals. Gevo's market-driven 'pay for performance' approach regarding carbon and other sustainability attributes helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.
Yahoo
24-07-2025
- Business
- Yahoo
Gevo to Report Second Quarter 2025 Financial Results on August 11, 2025
ENGLEWOOD, Colo., July 24, 2025 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on August 11, 2025, at 4:30 p.m. ET (2:30 p.m. MT) to report its financial results for the second quarter that ended June 30, 2025. To participate in the live call, please register through the following event weblink: After registering, participants will be provided with a dial-in number and pin. To listen to the conference call (audio only), please register through the following event weblink: A webcast replay will be available two hours after the conference call ends on August 11, 2025. The archived webcast will be available in the Investor Relations section of Gevo's website at About Gevo Gevo is a next-generation diversified energy company committed to fueling America's future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo's innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo's business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas ('RNG') facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration ('CCS') facility, further solidifying America's leadership in energy innovation. Additionally, Gevo owns the world's first production facility for specialty alcohol-to-jet ('ATJ') fuels and chemicals. Gevo's market-driven 'pay for performance' approach regarding carbon and other sustainability attributes helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market. For more information, see PUBLIC AFFAIRS CONTACTHeather ManuelVP of Stakeholder Engagement & PartnershipsPR@ INVESTOR CONTACTEric Frey, PhDVP of Corporate DevelopmentIR@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Gevo Inc. (GEVO) Inks $22M Tax Credit Transfer Agreement
Gevo, Inc. (NASDAQ:GEVO) is one of the best green energy penny stocks to buy right now. On June 30, the company's subsidiary, Gevo Intermediate Hold Co, LLC, entered into a Tax Credit Transfer Agreement with a bank. The agreement is for the supply of $22 million worth of Clean Fuel Production Credits from ethanol production in 2025. The bank in question has also obtained additional rights, including the right of first offer for up to $20 million of extra 2025 credits and the right of first refusal on all 2026 credits. The deal provides near-term funding for Gevo while preserving shareholder value without issuing equity or debt. The $22 million credit deal hinges on successful ethanol output by year-end, making it credit-positive. The $5 million in immediate proceeds should strengthen the company's liquidity position, as the $22 million in contracted 2025 credits validate credit market demand. Gevo, Inc. (NASDAQ:GEVO) is a renewable chemical and advanced biofuel company focused on developing and commercializing sustainable alternatives to petroleum-based products. As one of the best green energy companies, it utilizes renewable resources, such as carbohydrates from plants, to produce energy-dense liquid hydrocarbons for transportation fuels, including gasoline, jet fuel, and diesel. While we acknowledge the potential of GEVO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Most Popular AI Penny Stocks to Buy According to Billionaires and 10 Best Defensive Stocks to Buy in a Volatile Market. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
Low-carbon jet fuel company foresees huge investment in western North Dakota
Red Trail Energy near Richardton, North Dakota, was acquired by Gevo, a company that is developing sustainable jet fuel. (Photo by Amy Dalrymple/North Dakota Monitor) WEST FARGO, N.D. — The demand for jet fuel is going up. The demand for gasoline is going down. That's the simple explanation from Chris Ryan, the president and chief operating officer of Gevo, on why the company plans to add a sustainable aviation fuel plant to the corn-based ethanol plant it purchased at Richardton in southwest North Dakota. Ryan said the low-carbon jet fuel won't come cheap – throwing out a ballpark figure of $500 million for a potential project still years down the road. Ryan spoke Tuesday in Fargo at the Midwest Agriculture Summit hosted by The Chamber of Fargo, Moorhead and West Fargo. Colorado-based Gevo bought the Red Trail Energy ethanol plant at Richardton last year. The Red Trail plant was the first ethanol producer in the country to implement carbon sequestration — capturing carbon dioxide from the plant's corn fermentation tanks and pumping it into permanent underground storage. The CO2 sequestration is key in lowering the carbon intensity score of the plant and for sustainable jet fuel production. Low-carbon fuels can fetch a higher price than traditional liquid fuels. 'We could make gasoline, but it's a diminishing market,' Ryan said. 'So jet fuel is a kind of sexy thing to talk about these days.' In an interview with the North Dakota Monitor, Ryan said there is plenty of room to add a jet fuel plant at the 500-acre Richardton site. He said the plant would add about 50 jobs, about the same number that the ethanol plant employs. Expanding the ethanol plant also is a possibility, Ryan said. The company also is considering adding wind turbines at Richardton to provide power and lower the carbon score even further, he said. Even though renewable energy tax credits are a possible target for budget cuts under President Donald Trump, he said wind energy at the site still makes good economic sense. Gevo also has plans for a sustainable aviation fuel plant at Lake Preston in southeast South Dakota. The future of that plant depends in large part on the five-state Summit Carbon Solutions pipeline project that would take carbon emissions from ethanol plants to western North Dakota for underground storage. Ryan said when the South Dakota project was conceived, it did not include carbon capture. But as construction costs soared with the COVID-19 pandemic, he said it became necessary to sign on to the Summit pipeline project. He said the federal tax credits for carbon sequestration would help offset the higher building costs. The project has stalled as Summit has run into permitting challenges and a new state law giving landowners more power in easement negotiations. 'We really need the pipeline,' Ryan said. He added that Gevo bought more land than it needed for the project. That is allowing for other projects at the site, benefiting Gevo and the Lake Preston area, he said. The Summit delays spurred the purchase of Red Trail, which had the advantage of sitting almost on top of an area suitable for underground carbon storage. 'We had to take our destiny into our own hands,' Ryan said, and not be dependent on the Summit pipeline. He said Gevo can 'copy and paste' the engineering work done for the South Dakota site to the Richardton site. While the carbon dioxide from the Richardton plant is being pumped underground, Ryan said Gevo recognizes that it has a potential for use in North Dakota's oilfields, making oil wells more productive through what is called enhanced oil recovery. North Dakota leaders have been trumpeting the economic benefits of enhanced oil recovery. Ryan said if the oil industry is willing to pay for carbon dioxide to use in enhanced oil recovery, Gevo would sell the CO2 rather than pump it underground. 'We don't care where the revenue comes from, right? Today, we sequester it for a tax credit, and we can sell carbon credits,' Ryan said. 'Or you can sell it to somebody for enhanced oil recovery.' He said he sees it as another advantage of doing business in North Dakota. 'People in North Dakota get that, they understand the value of that,' Ryan said. This story was originally published by North Dakota Monitor, which is part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity. North Dakota Monitor maintains editorial independence. Contact Editor Amy Dalrymple for questions: info@
Yahoo
11-06-2025
- Business
- Yahoo
Low-carbon jet fuel executive says company could ‘copy and paste' SD plan to ND site
Chris Ryan, right, president and chief operating officer of renewable fuels company Gevo, speaks June 10, 2025, in West Fargo, N.D., at the Midwest Ag Summit. At left is Greg Lardy, vice president for agriculture at North Dakota State University. (Jeff Beach/North Dakota Monitor) WEST FARGO, N.D. — The demand for jet fuel is going up. The demand for gasoline is going down. That's the simple explanation from Chris Ryan, the president and chief operating officer of Gevo, on why the company plans to add a sustainable aviation fuel plant to the corn-based ethanol plant it purchased at Richardton in southwest North Dakota. Ryan said the low-carbon jet fuel won't come cheap – throwing out a ballpark figure of $500 million for a potential project still years down the road. Ryan spoke Tuesday in Fargo at the Midwest Agriculture Summit hosted by The Chamber of Fargo, Moorhead and West Fargo. Colorado-based Gevo bought the Red Trail Energy ethanol plant at Richardton last year. The Red Trail plant was the first ethanol producer in the country to implement carbon sequestration — capturing carbon dioxide from the plant's corn fermentation tanks and pumping it into permanent underground storage. The CO2 sequestration is key in lowering the carbon intensity score of the plant and for sustainable jet fuel production. Low-carbon fuels can fetch a higher price than traditional liquid fuels. 'We could make gasoline, but it's a diminishing market,' Ryan said. 'So jet fuel is a kind of sexy thing to talk about these days.' In an interview with the North Dakota Monitor, Ryan said there is plenty of room to add a jet fuel plant at the 500-acre Richardton site. He said the plant would add about 50 jobs, about the same number that the ethanol plant employs. Expanding the ethanol plant also is a possibility, Ryan said. The company also is considering adding wind turbines at Richardton to provide power and lower the carbon score even further, he said. Even though renewable energy tax credits are a possible target for budget cuts under President Donald Trump, he said wind energy at the site still makes good economic sense. Gevo also has plans for a sustainable aviation fuel plant at Lake Preston in southeast South Dakota. The future of that plant depends in large part on the five-state Summit Carbon Solutions pipeline project that would take carbon emissions from ethanol plants to western North Dakota for underground storage. Appellate court upholds decisions favoring Summit over county pipeline ordinances Ryan said when the South Dakota project was conceived, it did not include carbon capture. But as construction costs soared with the COVID-19 pandemic, he said it became necessary to sign on to the Summit pipeline project. He said the federal tax credits for carbon sequestration would help offset the higher building costs. The project has stalled as Summit has run into permitting rejections and a new state law banning the use of eminent domain by carbon pipeline projects. 'We really need the pipeline,' Ryan said. He added that Gevo bought more land than it needed for the project. That is allowing for other projects at the site, benefiting Gevo and the Lake Preston area, he said. The Summit delays spurred the purchase of Red Trail, which had the advantage of sitting almost on top of an area suitable for underground carbon storage. 'We had to take our destiny into our own hands,' Ryan said, and not be dependent on the Summit pipeline. He said Gevo can 'copy and paste' the engineering work done for the South Dakota site to the Richardton site. While the carbon dioxide from the Richardton plant is being pumped underground, Ryan said Gevo recognizes that it has a potential for use in North Dakota's oilfields, making oil wells more productive through what is called enhanced oil recovery. North Dakota leaders have been trumpeting the economic benefits of enhanced oil recovery. Ryan said if the oil industry is willing to pay for carbon dioxide to use in enhanced oil recovery, Gevo would sell the CO2 rather than pump it underground. 'We don't care where the revenue comes from, right? Today, we sequester it for a tax credit, and we can sell carbon credits,' Ryan said. 'Or you can sell it to somebody for enhanced oil recovery.' He said he sees it as another advantage of doing business in North Dakota. 'People in North Dakota get that, they understand the value of that,' Ryan said. This story was originally published by the North Dakota Monitor. Like South Dakota Searchlight, it's part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity. North Dakota Monitor maintains editorial independence. Contact Editor Amy Dalrymple for questions: info@
